NewsRx

Search our medical news database

Finances

Biotechnology company raises $11.5M in private placement

Published in Health and Medicine Week, October 27th, 2003

OncoGenex Technologies, Inc., announced the completion of a $11.5 million financing, one of the largest biotech financings in Canada this year.

Ventures West led the round and was joined by other new investors, H.I.G. Ventures and Working Opportunity Fund, managed by GrowthWorks Capital. The syndicate also included existing investors Business Development Bank of Canada and Milestone Medica Corp.

"Attracting this strong syndicate of investors in this oversubscribed round is testament to their confidence in our products and capabilities," said Scott Cormack, president and chief executive officer of OncoGenex. "These funds provide cash to continue the...

Want to see the full article?

We're a pay-per-view site for premium content. If you'd like to purchase this article, it's only $3.00.

Buy Now


Welcome to NewsRx!

Learn more about a six-week, no-risk free trial of Health and Medicine Week


NewsRx is Social

Follow us on your favorite social network by clicking on a button below:

Follow NewsRx on Twitter

NewsRx on Facebook

Awards

eHealthcare Leadership 2011 Winner
Best Health/Healthcare Content, 2012
Best Health/Healthcare Content, 2011
Best e-Business Site, 2010
Best e-Business Site, 2009
Best e-Business Site, 2008
Best e-Business Site, 2007
Best e-Business Site, 2006
Best Healthcare Content, 2005
Best Overall Internet Site, 2005
Best Interactive Site, 2005

Facts & Stats

NewsRx also is available at LexisNexis, Gale, ProQuest, Factiva, Dialog, Thomson Reuters, NewsEdge, and Dow Jones.

  • Google 2010 PageRank: #2 Among Top Health News and Media Publications
  • Google 2010 PageRank: #2 Among Top Science Publications in Biology/Physiology
  • Google 2010 PageRank: #2 Among Top News and Media for the Business of Pharmaceuticals
  • Amazon's Alexa 2010 PageRank: #2 News and Media Site for the Pharmaceutical Industry
NewsRx on Facebook