Bionomics Acquires Eclipse Therapeutics for $10,000,000

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5772f6c2-639d-4003-9d98-39a386d1cae9&Preview=1
Date
9/18/2012
Company Name
Eclipse Therapeutics
Mailing Address
11575 Sorrento Valley Road San Diego , CA 92121
Company Description
Eclipse Therapeutics, Inc. is a private biotechnology company dedicated to the discovery and development of therapeutics that target cancer stem cells and other forms of innovative cancer treatment. Cancer stem cells are a subset of cells within a tumor thought to play a critical role in tumor initiation, metastasis and recurrence.
Website
http://www.eclipsetherapeutics.com
Transaction Type
M&A
Transaction Amount
$10,000,000
Transaction Round
Proceeds Purposes
M&A Terms
Bionomics Ltd ., a publicly traded Australian biotechnology company, has acquired venture-backed Eclipse Therapeutics Inc ., a company developing drug candidates that target cancer stem cells, in a scrip-based $10 million deal.