Primera Biosystems Inc. Garners $21,000,000 Series B Funding
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5a1c0f2f-575e-414f-b5ed-369377b5f913&Preview=1 -
Date
1/8/2008 -
Company Name
Primera Biosystems Inc. -
Mailing Address
171 Forbes Blvd Mansfield, MA 02048 -
Company Description
Primera is developing a proprietary gene expression analysis system, “STAR” (Scalable Transcription Analysis Routine) that combines into a single system the desirable features of both real-time PCR and DNA microarray technologies. -
Website
http://www.primerabio.com -
Transaction Type
Venture Equity -
Transaction Amount
$21,000,000 -
Transaction Round
Series B -
Proceeds Purposes
“Primera plans to use this financing to complete development of our instrument system, reagent kits for disease-specific clinical research, future diagnostic tests as well as support ongoing research and development efforts,” said Martin L. Verhoef, President and Chief Executive Officer of Primera Biosystems, Inc. -
M&A Terms
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Venture Investor
Abingworth Management Inc -
Venture Investor
MPM Capital -
Venture Investor
Burrill & Company
