HCRP expands investment team with new addition

By Iris Dorbian — 4 months ago

Healthcare Royalty Partners has appointed Dr. Conrad Wang as a principal on its investment team. Previously, Wang worked at Medtronic plc where he served as a senior director of corporate development. And prior to that, he was a principal investor at healthcare venture firm Three Arch Partners.

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5AM Venture Management hires Bristol-Myers Squibb executive

By Chris Witkowsky — 1 year ago

5AM Venture Management has hired Brian Daniels as a venture partner and Stephen Bonelli as chief financial officer. Daniels was most recently senior vice president in global development and media affairs for Bristol-Myers Squibb, and a member of the company’s senior management team. Bonelli joined from Three Arch Partners, where he was CFO from 2005 to 2014.

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Salveo Completes Additional Financings and Acquisition

By Angela Sormani — 3 years ago

Specialty pharmacy company Salveo Specialty Pharmacy has completed a second round of equity and debt funding and the subsequent acquisition of Mission Road Pharmacy. Salveo Specialty Pharmacy is backed by Three Arch Partners, NewSpring Capital and Petra Capital Partners. The additional equity financing was led by new investor Sofinnova Ventures. The debt financing included additional subordinated debt provided by Petra, as well as a new senior credit facility provided by Regions Bank.

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Volcano to Acquire Crux Biomedical

By Angela Sormani — 3 years ago

Volcano Corporation, a manufacturer of precision guided therapy tools to enhance the treatment of coronary and peripheral vascular disease, has signed an agreement to acquire Crux Biomedical. Under terms of the agreement, Volcano will pay $36.0 million in cash at closing. Crux Biomedical has been funded by Alloy Ventures, Three Arch Partners, Emergent Medical Partners and Thomas Fogarty, M.D.

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Nevro Inks $58M For Chronic Pain Treatment

5 years ago

Menlo Park, Calif.-based Nevro Corp., a neuromodulation company focused on relief of chronic pain, has sealed a whopping $58 million round led by new investor Johnson & Johnson Development Corporation. Existing shareholders Aberdare Ventures, Accuitive Medical Ventures, Bay City Capital, Mayo Clinic, MPM Capital and Three Arch Partners also participated. The money will go toward a clinical study in the US and to support the company’s commercialization strategy.

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Neuronetics Nets $30M Series E

By Jonathan Marino — 5 years ago

Neuronetics, the Pennsylvania-based maker of non-invasive, non-systemic treatments for depression, completed a $30 million Series E financing. New investors Polaris Venture Partners and Pfizer Venture Investments led the round and were joined by previous investors Investor Growth Capital, New Leaf Venture Partners, Interwest Partners, Three Arch Partners, Quaker BioVentures, and Onset Ventures.

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Will the Frosty Reception for AcelRX Put Other IPOs on Ice?

By Connie Loizos — 5 years ago

Life can be hard for young biotechs, but that doesn’t mean the market is sympathetic.  AcelRX Pharmaceuticals of Redwood City, Calif., is the latest biotech to receive a cold reception from investors. After slashing its planned offering price from between $12 and $14 to $5 per share, the stock has been trending downward since its debut […]

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APT Pharma Raises $32 Million

By PEHub Administrator — 7 years ago

APT Pharmaceuticals Inc., a Burlingame, Calif.-based developer of inhaled treatments for serious lung diseases, has raised $32.3 million in Series B funding. Three Arch Partners led the round, and was joined by InterWest Partners, Pinnacle Ventures and return backers Charter Life Sciences, Great Point Partners, Versant Ventures and Vivo Ventures. It had previously raised around $33 million.

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