LoneStar Heart Lands $20,000,000 New Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bee7b44a-c5ed-4cc1-bb5e-19331f87a45b&Preview=1 -
Date
10/10/2012 -
Company Name
LoneStar Heart -
Mailing Address
26051 Merit Circle Laguna Hills, CA 92653 -
Company Description
LoneStar Heart, Inc. is a Texas and California based biomedical company developing new therapies to preserve and restore adequate heart function in patients with Advanced Heart Failure (HF). -
Website
http://www.lonestarheartinc.com -
Transaction Type
Venture Equity -
Transaction Amount
$20,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
LoneStar Heart Inc. today announced the completion of an up to $20 million milestone-based equity financing to support the clinical testing andregulatory clearance of its lead product, Algisyl-LVR, a single-use, self-gelling biopolymerimplanted into the heart’s left ventricle during surgery for the treatment of advanced heart failure. -
M&A Terms
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Venture Investor
Themes Investment Partners -
Venture Investor
Undisclosed
