Aeolus Pharmaceuticals Inc Receives $125,000 Series D Funding Round

  • Feed Type
  • Date
    11/4/2008
  • Company Name
    Aeolus Pharmaceuticals Inc
  • Mailing Address
    23811 Iverness Place Laguna Niguel, CA 92677
  • Company Description
    Aeolous Pharmaceutical is a biopharmaceutical company that is developing a new class of catalytic antioxidant compunds, referred to as manganoporphyrins, for diseases and disorders of the central nervous system, respiratory system, autoimmune system, and oncology. Over the past decade, Aeolus has synthesizec, developed, and analyzed approximately 200 proprietary catalytic antioxidant compounds, all of which have the same core chemical structure.
  • Website
    http://www.incara.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $125,000
  • Transaction Round
    Series D
  • Proceeds Purposes
    The Company expects to use the net proceeds of $120,000 that it raised today from this financing to advance the development of AEOL 10150 and for general administrative expenses and working capital.
  • M&A Terms
  • Venture Investor
    Undisclosed

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