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Home » PANACEA PHARMACEUTICALS RAISES US$7 MILLION
PANACEA PHARMACEUTICALS RAISES US$7 MILLION
July 8, 2005
Panacea Pharmaceuticals, a company focused on developing therapeutic and diagnostic products for cancer, announced today that it has closed its Series C Private Placement raising approximately $7 million. Participants in the round included Mitsubishi Corporation Life Sciences Venture, Olympus, JSR, Shin-Etsu Chemical, Fuji Photo Film, Dai Nippon Printing and Tokio Marine & Nichido Fire Insurance, among others. The investments were secured through the assistance of the Cosmos Alliance.
Yahoo News (http://au.biz.yahoo.com/050708/17/5a53.html)
KEYWORDS Daily International Pharma Alert
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