Xconomy San Diego

SkinMedica, Inc. Obtains $27,500,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f389a131-3669-496f-b932-c10a1556875e&Preview=1
Date
10/20/2008
Company Name
SkinMedica, Inc.
Mailing Address
5909 Sea Lion Place Carlsbad, CA 92010
Company Description
SkinMedica is a privately held specialty pharmaceutical company marketing both prescription and cosmeceutical dermatology products.
Website
http://www.skinmedica.com
Transaction Type
Debt
Transaction Amount
$27,500,000
Transaction Round
Undisclosed
Proceeds Purposes
SkinMedica will use the financing for general corporate purposes as well as to strengthen its balance sheet.
M&A Terms
Venture Investor
GE Healthare Financial Services
Venture Investor
BlueCrest Capital Finance LP