TARIS Biomedical Receives $12,500,000 New Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=224e24f0-4566-4fbc-8c62-50e214fe3e69&Preview=1
Date
4/2/2013
Company Name
TARIS Biomedical
Mailing Address
99 Hayden Avenue Lexington, MA 02421
Company Description
TARIS Biomedical Inc., a specialty pharmaceutical company with deep domain expertise in therapeutics and drug-delivery, is focused on local minimally-invasive drug-device convergence products.
Website
http://www.tarisbiomedical.com
Transaction Type
Venture Equity
Transaction Amount
$12,500,000
Transaction Round
Undisclosed
Proceeds Purposes
The company will use the financing to continue clinical advancement of its lead product candidate, LiRIS.
M&A Terms
Venture Investor
Flagship Ventures
Venture Investor
Flybridge Capital Partners
Venture Investor
Polaris Partners
Venture Investor
Third Rock Ventures