VC-backed RefleXion Medical hires new VP of engineering

RefleXion Medical has named David Q. Larkin as vice president of engineering. Previously, Larkin worked at Intuitive Surgical where he most recently served as vice president of engineering. Based in Burlingame, Calif., RefleXion Medical is a medical device company developing a biologically-guided radiation therapy system for cancer treatment. It is backed by Sofinnova Partners, Pfizer Venture Investments and Venrock.

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Pixium Vision launches IPO on Euronext Paris

Pixium Vision has launched its Initial Public Offering on Euronext’s regulated market in Paris. Based in Paris, Pixium is a maker of vision restoration systems for the blind. Its backers include Sofinnova Partners, Omnes Capital, Abingworth, Global Life Sciences Ventures, Bpifrance, Seventure and Polytechnos.

NuCana grabs $57 mln Series B funds

NuCana has raised $57 million in Series B funding. Sofinnova Ventures led the round with participation from Sofinnova Partners, Morningside Ventures, Alida Capital International and the Scottish Investment Bank, the investment arm of Scottish Enterprise. In addition to the funding, James Healy and Gerald Chan, co-founder and chairman of Morningside Ventures respectively, have been added to NuCana’s board of directors. Based in Edinburgh, NuCana is an biopharmaceutical firm focused on anti-cancer medicines.

Pixium hires new CEO and director

Pixium has appointed Khalid Ishaque as CEO and director. Previously, Ishaque worked at Boston Scientific where he most recently served as general manager of its neuromodulation international business. Based in Paris, Pixium is a maker of vision restoration systems for the blind. Its backers include Sofinnova Partners, Omnes Capital, Abingworth, Global Life Sciences Ventures, Bpifrance, Seventure and Polytechnos.

Pixium Vision raises funds led by Sofinnova

Pixium Vision, a developer of innovative retinal implant systems, has closed a Series A extension financing. This round was led by Sofinnova Partners, with support from Bpifrance, through the InnoBio fund, and existing series A investors Omnes Capital and Abingworth. In conjunction with the financing, Antoine Papiernik at Sofinnova Partners and Chahra Louafi at Bpifrance have joined the Pixium board of directors.

InnoBio Gets Backing

InnoBio, a biotech fund managed by CDC Entreprises, and Sofinnova Partners have announced a joint investment in MedDay for 8 million euros ($10.5 million). Created in 2011 by Dr Frédéric Sedel and Dr Guillaume Brion, MedDay is specialised in the treatment of neuro-metabolic diseases.

Sofinnova Partners Raises Seventh Life Sciences Fund

Sofinnova Partners has raised 240 million euros ($312 million) for its seventh life sciences venture capital fund. Sofinnova Capital VII‘s investors include leading the European Investment Fund, Skandia Life Insurance Company, CNP Assurances, and CDC Entreprises. Sofinnova Capital VII will invest about two third of its funds in European companies, and one third outside of Europe, most often in the USA.

Solvay Invests in Sofinnova Partners’ Green Seed Fund

The Brussels-based, publicly traded chemical group Solvay has made an investment of five million euros in a new, Green Seed Fund, launched by the venture capital firm Sofinnova Partners. The fund recently held its first close, having collected 22.5 million euros.

BioAmber Inks $30M

Minneapolis-based chemicals company BioAmber Inc. has raised $30 million in Series C financing, the company announced Wednesday. Investors include Naxos Capital, Sofinnova Partners, Mitsui & Co. Ltd., the Cliffton Group and specialty chemicals company LANXESS. PRESS RELEASE BioAmber Inc. has completed its Series C round of financing with net proceeds of $30 million . The […]

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NuCana BioMed Inks $10.4M

NuCana BioMed, a UK-based biopharmaceutical company focused on anti-cancer therapies, has closed on 6.74 million pounds ($10.4 million) in Series A venture financing. Sofinnova Partners led the round, and was joined by Morningside Ventures, Scottish Investment Bank’s Scottish Venture Fund and Alida Capital International.

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