PaxVax Secures $105,000,000 New Round

  • Feed Type
  • Date
    12/9/2015
  • Company Name
    PaxVax
  • Mailing Address
    900 Veterans Blvd. Redwood City, CA 94063 USA
  • Company Description
    PaxVax is initially focused on delivering vaccines for the travelers markets. An estimated 100 million people (families, students, workers and soldiers) per year travel to developing countries where tropical diseases are endemic and vaccines are needed for protection.
  • Website
    http://www.paxvax.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $105,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Cerberus fully supports PaxVax’s continued focus on the specialty vaccine market, its research and development strategy, and its social commitment to expanding access to vaccines in the developing world.
  • M&A Terms
  • Venture Investor
    Cerberus Capital Management