diaDexus Obtains $9,200,000 Series F Financing Round

  • Feed Type
  • Date
    2/9/2009
  • Company Name
    diaDexus
  • Mailing Address
    343 Oyster Point Boulevard South San Francisco, CA 94080-1913
  • Company Description
    diaDexus was formed in 1997 as a joint venture by SmithKline Beecham and Incyte. SmithKline Beecham granted diaDexus an exclusive license to certain diagnostic intellectual property, and Incyte contributed free access to its databases.

    diaDexus is a privately held biotechnology company that is focused on the discovery, development and commercialization of novel, patent protected diagnostic products with high clinical value.

    diaDexus’ lead product, the PLAC® test, is a blood test that measures the concentration of lipoprotein-associated phospholipase A2 (Lp-PLA2), a novel risk factor for cardiovascular disease. The PLAC test is the only blood test cleared by the FDA as an aid in determining risk for coronary heart disease, and ischemic stroke associated with atherosclerosis. Numerous published or presented studies, involving more than 20,000 subjects, highlight Lp-PLA2 as an important risk factor for cardiovascular disease.

  • Website
    http://www.diadexus.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $9,200,000
  • Transaction Round
    Series F
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Scale Venture Partners
  • Venture Investor
    GlaxoSmithKline
  • Venture Investor
    Baker Brothers Investments