Primera Biosystems Inc. Garners $21,000,000 Series B Funding

  • Feed Type
  • 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
  • Venture Investor
    Abingworth Management Inc
  • Venture Investor
    MPM Capital
  • Venture Investor
    Burrill & Company

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