Posted on: January 10, 2012 by Connie LoizosNo Comments »
Boston-based Third Rock Ventures today launched the genomic search engine start-up, Warp Drive Bio, as part of a partnership with the French pharmaceutical company Sanofi. Sanofi is investing $125 million into the company, which Third Rock — an venture firm as well as incubator — has been developing for the last two years. PRESS RELEASE: [...]
Posted on: February 3, 2011 by Jonathan MarinoNo Comments »
At Long Last!: Sanofi-Genzyme could finally be happening
Growing: PepsiCo buys most of Russian dairy & juice company Wimm-Bill-Dann, plans full acquisition
Dealing: Nelson Peltz might be orchestrating another deal for Wendy’s/Arby’s, instead of just splitting them up
What’s in a Name?: Groupon is reportedly trying to buy Hipster
Posted on: October 1, 2009 by PEHub AdministratorNo Comments »
Sanofi-Aventis has agreed to acquire Fovea Pharmaceuticals SA, a Paris, France-based drug company focused on ophthalmic diseases. The deal is valued at up to €370 million, including an upfront payment and possible milestone payments. Fovea had raised over $60 million in VC funding from firms like Forbion Capital Partners, Sofinnova Partners, Abingworth, GIMV, The Wellcome Trust and CAPE.
Posted on: April 15, 2009 by PEHub AdministratorNo Comments »
Sanofi-aventis (NYSE: SNY) has agreed to acquire BiPar Sciences Inc., a Brisbane, Calif.-based developer of PARP inhibitors as cancer therapies. The deal could be worth up to $500 million, based on the achievement of milestones for BiPar’s lead candidate. BiPar has raised around $60 million in VC funding, from firms like Domain Associates, Canaan Partners, Vulcan Capital, PolyTechnos Venture-Partners, Asset Management Company and Quantum Technology Partners. It also has raised venture debt from Lighthouse Capital Partners.
Yahoo’s $1.1 billion planned purchase of blogging site Tumblr is the largest exit of a pre-public venture-backed New York-based company
Author : mboslet
It’s that time of the year when every VC (or, well, most VCs) secretly pulls up Forbes’ Midas list and,
Author : mahendra
Venture-backed IPO activity has been sluggish so far this year, but there are signs this could change. Two recent issues,
Author : mboslet
The Michigan Venture Capital Association said 29 venture capital firms now do business in the state and contributed to the
Author : mboslet
MassChallenge said it selected 128 startups for its 2013 MassChallenge Accelerator Program. The companies come from eighteen states and 11
Author : mboslet
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