Pinnacle Biologics Receives New Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=aacfd8bd-0d12-4047-9bce-c649d466a9c6&Preview=1 -
Date
12/21/2012 -
Company Name
Pinnacle Biologics -
Mailing Address
2801 Lakeside Dr Bannockburn, IL 60015 -
Company Description
Pinnacle Biologics specializes in revitalizing healthcare therapies by promoting, developing and managing innovative approaches to the global commercialization of products in the oncology and specialty areas. -
Website
http://www.pinnaclebiologics.com -
Transaction Type
Debt -
Transaction Amount
Undisclosed -
Transaction Round
Undisclosed -
Proceeds Purposes
NXT Capital’s Venture Finance Group today announced that it has provided financing to support Pinnacle Biologics’ acquisition of cancer-treating laser equipment. “The acquisition will allow Pinnacle to further pursue its efforts to utilize PDT to treat new and existing cancers and rare diseases.” -
M&A Terms
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Venture Investor
NXT Capital
