Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=921e58f9-af36-49cb-bb63-7bba6ac40835
Date 8/6/2015
Company Name Avitide
Mailing Address 16 Cavendish Court Lebanon, NH 03766 USA
Company Description Avitide develops customized biopharmaceutical affinity purification products. The Avitide platform reduces bioprocess development timelines, program risk, and cost of manufacture by providing turnkey, cost-effective, highly specific affinity purification solutions.
Proceeds Purposes The proceeds will accelerate commercialization of Avitide’s on-demand affinity purification platform, with a focus on biopharmaceutical drug products that include an array of molecules such as proteins, enzymes, antibody-based therapeutics, recombinant vaccines, gene therapies and biosimilars. The financing is expected to take the company to profitability within the next two years.