Vital Therapies Lands $2,209,999 New Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f56c31a2-2e9c-4f68-ab91-e4ce2819fc7b&Preview=1 -
Date
6/22/2011 -
Company Name
Vital Therapies -
Mailing Address
15222 Avenue of Science San Diego, CA 92128 -
Company Description
Vital Therapies, Inc. (VTI) is a new company formed in 2003 to continue the development of the ELAD (Extracorporeal Liver Assist Device) System, which augments the metabolic functions of a patient’s liver, thereby enabling a bridge to transplant or liver recovery. VTI acquired the assets and business of VitaGen/Hepatix. -
Website
http://www.vitaltherapies.com -
Transaction Type
Debt -
Transaction Amount
$2,209,999 -
Transaction Round
Undisclosed -
Proceeds Purposes
Proceeds purposes were not disclosed. Amount includes convertible promissory note and warrants to purchase new securities. SEC regulatory filing – amended. -
M&A Terms
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Venture Investor
Undisclosed
