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Aeolus Pharmaceuticals

Aeolus Pharmaceuticals completes $5M financing from new institutional investors

Published in Pharma Investments, Ventures and Law Weekly, July 9th, 2006

Aeolus Pharmaceuticals, Inc., (AOLS) has raised $5 million through the sale of newly issued shares of common stock and warrants to selected institutional investors, led by Efficacy Capital.

"The adverse role of free radicals in both acute and chronic disorders is well known," said Faiz Kayyem, managing partner at Efficacy Capital. "We believe that Aeolus' large pipeline of catalytic anti-oxidants will provide numerous development and partnership opportunities to address these disorders, which include stroke, ALS, cancer and Parkinson's Disease. We are pleased to have participated in this financing, which we believe will help the company to achieve significant clinical...

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