[[Corrected 4/22/11 at 2:15 pm]]Mersana Therapeutics, a Cambridge, MA-based drug maker, has brought in $6 million of a targeted $10 million debt offering, from seven investors, according to an SEC filing. Last year, the company inked a deal that could be worth $334 million with Israel-based Teva Pharmaceutical Industries, for developing a new polymer-based drug for cancer and other diseases. [[Editors Note: An earlier version of this news brief incorrectly described Mersana as a maker of generic drugs and incorrectly listed Teva as based in Japan. We regret the errors.]] Earlier this week Mersana announced that it hired Forest Laboratories veteran Michael Metzger as its chief operating officer and executive vice president.
Author: Erin Kutz
Erin Kutz has a background in covering business, politics and general news. She holds a bachelor’s degree in journalism from Boston University. Erin previously worked in the Boston bureau of Reuters, where she wrote articles on the investment management and mutual fund industries. While in college, she researched for USA Today reporter Jayne O’Donnell’s book, Gen Buy: How Tweens, Teens and Twenty-Somethings Are Revolutionizing Retail. She also spent a semester in Washington, DC, reporting Capitol Hill stories as a correspondent for two Connecticut newspapers and interning in the Money section of USA Today, where she assisted with coverage on the retail and small business beats. Erin got her first taste of reporting at Boston University’s independent student newspaper, as a city section reporter and fact checker and editor of the paper’s weekly business section.
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