Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d06c31ad-1019-4b70-a4a0-22279e108b43&Preview=1
Date 12/1/2012
Company Name VetDC
Mailing Address 300 West Drake Road Fort Collins, CO 80523
Company Description VetDC operates as a capital-efficient, virtual company with minimal operational and staffing requirements. VetDC’s access to resources and expertise atColorado State University’s world-renowned Animal Cancer Center and Veterinary Teaching Hospital avoids the expense and effort typically required by early-stage companies to build infrastructure, yet allows the company to pursue multiple programs across diverse therapeutic areas.
Proceeds Purposes VetDC Inc., a veterinary biotechnology company spun out from Colorado State University, said it has completed a round of $1.5 million in private financing, which it plans to use to advance a canine lymphoma therapy towards veterinary approval.