SteadyMed Therapeutics Obtains $10,400,000 New Funding

  • Feed Type
  • Date
    9/18/2012
  • Company Name
    SteadyMed Therapeutics
  • Mailing Address
    Undisclosed San Francisco, CA 94123
  • Company Description
    SteadyMed Therapeutics, Inc. is a private, venture funded, Drug Delivery Therapeutics Company. We are leaders in the development and commercialization of prefilled, size efficient and disposable patch pump technology.
  • Website
    http://www.steadymed.com/
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $10,400,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds from the financing will be used to support the development and commercialization of the company’s lead drug product that leverages its PatchPump® technology; a novel, prefilled, size efficient and disposable subcutaneous drug delivery system for which the company aims to complete pivotal clinical trials in 2013 followed by commercial launch in the U.S. in 2014. Proceeds will also be used to complete the outsourced manufacturing infrastructure to support the company’s commercialization strategy.
  • M&A Terms
  • Venture Investor
    KB Partners
  • Venture Investor
    Samson Ventures
  • Venture Investor
    Undisclosed

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