Financing

Advanced BioHealing Raises $25.5 Million in Series C Financing

Published in Medical Letter on the CDC and FDA, March 18th, 2007

Advanced BioHealing, Inc. (ABH) announced that it has raised $25.5 million in a Series C round of financing. The round was led by Safeguard Scientifics, Inc. (NYSE:SFE), a provider of capital in growth-stage technology and life sciences businesses. This latest round of financing brings the total amount raised by the company, since its inception in 2003, to approximately $36 million.

In addition to Safeguard Scientifics, Inc., other investors include Channel Medical Partners and Red Abbey Venture Partners, LP, as well as existing investors Canaan Partners and Wheatley Partners. In conjunction with this financing, Gary J. Kurtzman, M.D., Vice President of Life Sciences at...

Want to see the full article?

Purchase this article for only $3.00

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

Welcome to NewsRx!

Learn more about a six-week, no-risk free trial of Medical Letter on the CDC and FDA

Source: Medical Letter on the CDC and FDA (2007-03-18)

NewsRx is Social

Top Medical Newsletters

Awards

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