EyeGate Pharmaceuticals, Inc. Garners $15,000,000 Series C Funding
Feed Type
Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1aa82887-8d38-4777-8df7-63de12c45cb2&Preview=1
Date 3/12/2008
Company Name EyeGate Pharmaceuticals, Inc.
Mailing Address 100 Beaver Street Waltham, MA 02453
Company Description EyeGate Pharma is focused on replacing ocular injections and other invasive methods of ocular disease treatment. Our goal is to build a pipeline of safer, more effective and patient friendly ocular treatments based on our EyeGate® II Delivery System.
Proceeds Purposes Stephen From, President and Chief Executive Officer of EyeGate Pharma, commented, “Withthis venture financing, EyeGate will enter into two Phase II clinical studies utilizing theEyeGate II Delivery System and a proprietary formulation of a corticosteroid. In the first half of2008 we will initiate a Phase II trial in severe uveitis, and in the second half of the year we willinitiate a Phase II trial in dry eye. EyeGate is well on its way to becoming a leader inophthalmic drug development and the delivery partner of choice for ophthalmic drugdevelopers.”
