Pinnacle Biologics Receives New Funding Round

  • Feed Type
  • Date
    12/21/2012
  • Company Name
    Pinnacle Biologics
  • Mailing Address
    2801 Lakeside Dr Bannockburn, IL 60015
  • Company Description
    Pinnacle Biologics specializes in revitalizing healthcare therapies by promoting, developing and managing innovative approaches to the global commercialization of products in the oncology and specialty areas.
  • Website
    http://www.pinnaclebiologics.com
  • Transaction Type
    Debt
  • Transaction Amount
    Undisclosed
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    NXT Capital’s Venture Finance Group today announced that it has provided financing to support Pinnacle Biologics’ acquisition of cancer-treating laser equipment. “The acquisition will allow Pinnacle to further pursue its efforts to utilize PDT to treat new and existing cancers and rare diseases.”
  • M&A Terms
  • Venture Investor
    NXT Capital