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Pacific Biosciences gets $100mm--then $20mm and $68mm more
Aug 2008
Executive Summary
Pacific Biosciences (genetic testing to predict drug outcomes) has raised $100mm through its Series E venture round. Deerfield Capital Management and Intel Capital co-led the financing and were joined by fellow new investors Morgan Stanley, Redmile Group, T. Rowe Price, and an undisclosed financial institution.
Deal Industry
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Biotechnology
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Drug Discovery Tools
- Genomics-Proteomics
- Pharmacogenetics-Pharmacogenomics
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Drug Discovery Tools
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In Vitro Diagnostics
- Molecular Diagnostics & Genetic Testing
- Pharmaceuticals
Deal Status
- Final
Deal Type
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Financing
- Private Placement
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