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Alexza Molecular Delivery Corp.

Pharmaceutical firm raises $52M in series D financing

Published in Lab Business Week, February 6th, 2005

Alexza Molecular Delivery Corporation announced the completion of a $52 million private equity financing through the issuance of Series D Preferred Shares. Alloy Ventures and Delphi Ventures co-led the financing.

New investors in the round included Abingworth Bioventures, MDS Capital, Pacific Rim Ventures, T. Rowe Price and WestRiver Capital. The company's previous investors participating in this financing included Alejandro Zaffaroni, Frazier Healthcare, Versant Ventures, 5AM Ventures, Burrill & Co., CMEA Ventures, New Enterprise Associates and clients of the Zesiger Capital Group.

In conjunction with this financing, Deepa Pakianathan, PhD, (Delphi...

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