I-Therapeutix, Inc. Receives $6,000,000 Series B Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=89ce10be-d0df-483d-8955-785aa1cb5312&Preview=1
Date
3/7/2008
Company Name
I-Therapeutix, Inc.
Mailing Address
204 Second Avenue Waltham, MA 02451
Company Description
I-Therapeutix™, Inc. is a privately held medical device company that is currently engaged in development of in situ formed hydrogel therapeutic products specifically for ophthalmology. I-Therapeutix, Inc.’s first product, I-Zip™ is expected to be the first synthetic ocular bandage designed and indicated for ophthalmic surgery.

I-Therapeutix’s vision is to address unmet needs in ophthalmology and ophthalmic surgery by developing first-of-a-kind therapeutic products based on its proprietary technology of in situ formed hydrogels.
Website
http://www.itherapeutix.com
Transaction Type
Venture Equity
Transaction Amount
$6,000,000
Transaction Round
Series B
Proceeds Purposes
Proceeds purposes were not disclosed.
M&A Terms
Venture Investor
SV Life Sciences
Venture Investor
Versant Ventures