Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=48373ffc-1197-4874-9a54-5301675caf36&Preview=1
Date 9/23/2009
Company Name Zogenix
Mailing Address 12671 High Bluff Drive San Diego, CA 92130
Company Description Zogenix is a specialty pharmaceutical company whose goal is to uniquely enhance and differentiate medicines by incorporating innovative technologies in an effort to relieve suffering in people with CNS and pain disorders. Founded in 2006, the company currently has two proprietary product candidates in late-stage development. Our lead product candidate, SUMAVEL™ DOSEPRO™ (sumatriptan injection) needle-free delivery system, is a drug-device combination that enables needle-free delivery of subcutaneous sumatriptan – the fastest acting migraine medicine – for the treatment of migraine and cluster headache. Our second product candidate, ZX002, is a novel, oral controlled-release formulation of hydrocodone for the treatment of chronic pain.
Proceeds Purposes The capital will be used to finance the launch of SUMAVEL DosePro (sumatriptan injection) needle-free delivery system, the company’s first product, which recently received FDA approval.