Ferrokin BioSciences Garners $12,000,000 New Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b2e5420f-cb2e-49a3-b8ef-234fec632d48&Preview=1
Date
6/17/2010
Company Name
Ferrokin BioSciences
Mailing Address
2729 Debbie Court San Carlos, CA 94070
Company Description
FerroKin BioSciences is a clinical stage biotechnology company based in the San Francisco Bay Area and focused on developing chelation therapies for a broad range of clinical indications.
Website
Undisclosed
Transaction Type
Venture Equity
Transaction Amount
$12,000,000
Transaction Round
Undisclosed
Proceeds Purposes
This additional financing allows FerroKin to both expand and accelerate our development program for FBS0701, and further characterize the benefits of this promising molecule.
M&A Terms
Venture Investor
Burrill & Company
Venture Investor
Clarus Ventures
Venture Investor
Healthcap Venture Capital