Allergan Inc. (NYSE: AGN) has completed its $370 million cash acquisition of Esprit Pharma Inc., an East Brunswick, N.J.
Bridgepoint reportedly is considering a
Cubist Pharmaceuticals Inc. (Nasdaq: CBST) has signed an exclusive option to acquire Illumigen Biosciences Inc., a Seattle-based drug developer whose lead product is an interferon replacement product for the treatment of Hepatitis C infections. Cubist would pay $4.7 million on the option, plus another $1 million for an IND-enabling study on Illumigen's lead compound. Illumigen […]
2Wire Inc., a San Jose, Calif.-based provider of broadband service delivery platforms, has acquired Kenati Technologies Inc., a Sunnyvale, Calif.
Symphony Services Inc., a Palo Alto, Calif.
Eric Aguiar has joined Thomas, McNerney & Partners as a partner focused on life sciences opportunities. He will be based in the firm's Stamford, Conn. office, and previously was a managing director in the Boston and Princeton offices of HealthCare Ventures. Prior to joining HealthCare Ventures, Aguiar was CEO of Genovo Inc. www.tm-partners.com
Bessemer Venture Partners has promoted Devesh Garg to managing director. He had joined the firm in 2003 as an operating partner, and is part of a nine-person team based in Mumbai. Bessemer recently closed a $1 billion fund that includes a $350 million earmark for Indian companies. www.bvp.com
Charles Harwood and Ron Sparks have joined Avista Capital Partners as healthcare industry advisors. Harwood is executive chairman of Avista portfolio company BioReliance, while Sparks most recently served as president and CEO of Accellent Inc. www.avistacap.com
J. Frank Brown, dean of INSEAD, has joined the European advisory committee of Bridgepoint. www.bridgepoint-capital.com
WeatherBill, a San Francisco-based online service that helps companies protect revenue and control costs from the impact of bad weather, has raised $12.5 million in new Series A funding. The company has now raised a total of $16.8 million. New Enterprise Associates and Index Ventures co-led the round, and were joined by Allen & Co., […]