Monthly Healthcare Review February 2017
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Monthly Healthcare Review February 2017 IPOs The following table includes the medical devices, biotechnology, pharmaceuticals, and healthcare IPO pricings, filings and withdrawals announced over the previous month. Last Last Financing Financing Company Name HQ Location Description Lead Manager Date Size (Millions) Geumcheon- PCL (SG Cap gu, South Developer of a protein micro-array platform to screen HIV, HCV, HBV and other Korea Investment Technology) (241820) 23-Feb-17 Korea infectious diseases. 12.59 & Securities ABG Sundal Collier, Developer of an anti-cancer drug that has the ability to achieve higher concentrations of Carnegie Stockholm, cancer killing molecules in cancer cells without a corresponding increase in damage to the Investment Bank, Oncopeptides (ONCO) 22-Feb-17 Sweden patient's bone marrow. 73.08 DNB Markets Compiled by: Morgan Reape Source: Pitchbook 1 Monthly Healthcare Review February 2017 Private Equity Placements and Venture Capital Rounds The following table includes institutionally placed private equity financings for private and public medical devices, biotechnology, pharmaceuticals, and healthcare companies announced over the previous month. Last Last Financing Company Name Financing HQ Location Round Description Lead Investor(s) Size Date (Millions) Developer of a genome engineering technology designed to enable high throughput massively-multiplexed CRISPR editing of proteins, pathways Muse Bio 28-Feb-17 Boulder, CO Early Stage VC and genomes. 23.00 Venrock Developer of a single-use endoscopy device that attaches to a standard colonoscope and creates turbulence within the colon using water jets, Motus GI Medical enabling physicians to clean, visualize, diagnose and, if necessary, treat an Technologies 28-Feb-17 Nazareth, Israel Later Stage VC inadequately prepped colon. 30.00 Perceptive Advisors Provider of a non-invasive cardiac magnetic resonance imaging analysis Undisclosed Cardiowise 28-Feb-17 Fayetteville, AR Angel software created for early diagnosis of diseases. 0.23 Investors Developer of an allosteric modulator drug discovery platform created to Herculis Partners, Addex Therapeutics Geneva, offer biopharmaceutical products for the treatment of neurological Undisclosed (ADXN) 28-Feb-17 Switzerland PIPE disorders. 3.00 Investors Developer of single use disposable cartridges to capture stem and progenitor cells from peripheral and umbilical cord blood, bone marrow Undisclosed SynGen 27-Feb-17 Sacramento, CA Later Stage VC and adipose tissue. 3.00 Investors Mauzé-sur-le- PE Growth/ Manufacturer of engineered industrial products, such as stainless steel Pierre Guérin 27-Feb-17 Mignon, France Expansion tanks and bioreactors. Undisclosed Capzanine Pharma Two B 27-Feb-17 Rehovot, Israel Later Stage VC Developer of drugs for the treatment of Parkinson's disease and cancer. 30.00 Israel Biotech Fund Developer of phototherapy beds to cure jaundice in pre-term and full-term Undisclosed Neolight 27-Feb-17 Scottsdale, AZ Angel babies. 1.00 Investors Developer of therapeutics for Duchenne muscular dystrophy and other Undisclosed MyoTherix 27-Feb-17 Union City, CA Early Stage VC muscle disorders. 8.43 Investors Developer of an infectious disease decontamination method using a Georgica Advisors, powdered additive for disinfectants, enabling healthcare workers and New York Angels, Kinnos 27-Feb-17 Brooklyn, NY Seed Round patients to prevent disease outbreak through clothing and other surfaces. 1.00 Venture Well Developer of molecule delivery technology designed to deliver ingredients Undisclosed Illustris Pharmaceuticals 27-Feb-17 Palto Alto, CA Early Stage VC that can permeate tissue structures. 5.00 Investors Developer of a gene editing treatment created to find a cure for Duchenne CureDuchenne Exonics Therapeutics 27-Feb-17 Boston, MA Seed Round muscular dystrophy. 5.00 Ventures Compiled by: Morgan Reape Source: Pitchbook 2 Monthly Healthcare Review February 2017 Private Equity Placements and Venture Capital Rounds The following table includes institutionally placed private equity financings for private and public medical devices, biotechnology, pharmaceuticals, and healthcare companies announced over the previous month. Last Last Financing Company Name Financing HQ Location Round Description Lead Investor(s) Size Date (Millions) Developer of a clinical genome analysis platform that processes genome wide data sets to detect mutations by filtering clinically relevant variants Cambridge, United and deep clinical phenotyping, enabling clinicians to provide actionable Cambridge Congenica 27-Feb-17 Kingdom Early Stage VC interpretation of genetic disease for patients. 9.99 Innovation Capital Xenex Disinfection Developer of a portable device that uses pulsed xenon UV light to kill Services 24-Feb-17 San Antonio, TX Later Stage VC bacteria and viruses in healthcare facility rooms. 38.00 Essex Woodlands Developer of micro-invasive video needle syringes intended to visualize Undisclosed Samark Technology 24-Feb-17 Sarasota, FL Angel orthopedic surgeries. 0.10 Investors Developer of a mobile app and Web interface designed by physicians Undisclosed RapidConnect 24-Feb-17 Raleigh, NC Angel enabling real-time secure communications between the clinical care team. 0.77 Investors UT Horizon Fund, Developer of pharmaceutical products targeting niche, orphan drug Undisclosed Lung Therapeutics 24-Feb-17 Austin, TX Early Stage VC indications for lung injury and disease with an emphasis on fibrosis. 3.48 Investors Serra Ventures, Developer of ultrahigh precision diffraction gratings for X-Ray analysis Undisclosed Inprentus 24-Feb-17 Champaign, IL Early Stage VC and imaging. 0.54 Investors CardioSolv Ablation Developer of a heart simulation software that guides therapies for the Undisclosed Technologies 24-Feb-17 Baltimore, MD Angel treatment of patients with ventricular tachycardia. 0.05 Investors Developer of DNA-based therapeutics using the transformative approach based on delivering a corrected copy of a naturally occurring gene directly to targeted cells designed to provide long-term efficacy for patients with debilitating, often fatal, rare genetic diseases that affect the central nervous Undisclosed Agilis Biotherapeutics 24-Feb-17 Cambridge, MA Early Stage VC system. 12.67 Investors Provider of a non-invasive system to induce therapeutic hypothermia for preservation of tissue following a heart attack, stroke and traumatic brain Western Technology Qool Therapeutics 23-Feb-17 Menlo Park, CA Early Stage VC injury. 6.70 Investment Developer of novel targeted alpha therapeutics for chemotherapy resistant cancers created to leverage radioactivity in relatively low doses to attack Johnson & Johnson Fusion Pharmaceuticals 23-Feb-17 Hamilton, Canada Early Stage VC cancer cells. 25.00 Innovation Compiled by: Morgan Reape Source: Pitchbook 3 Monthly Healthcare Review February 2017 Private Equity Placements and Venture Capital Rounds The following table includes institutionally placed private equity financings for private and public medical devices, biotechnology, pharmaceuticals, and healthcare companies announced over the previous month. Last Last Financing Company Name Financing HQ Location Round Description Lead Investor(s) Size Date (Millions) Provider of known agricultural biotechnologies such as tissue culture, Intuitive Private cryopreservation, genomics, and marker-assisted breeding to enable Equity, Salveo Front Range cannabis cultivators to improve their yields, reduce disease, and create Capital, Sand Hill Biosciences 23-Feb-17 Boulder, CO Seed Round novel strains. 1.50 Angels Ballast Point Ventures, Developer of medical devices to treat osteoarthritis and apply therapeutic Undisclosed Theragen 22-Feb-17 Manassas, VA Early Stage VC energy technologies for healing and pain relief. 9.14 Investors Developer of small molecule drugs that induce an organized program of cellular death, enabling cancer patients to restore the body's natural defense mechanism and prevent the proliferation of potentially cancerous Topspin Ventures, PMV Pharmaceuticals 22-Feb-17 Cranbury, NJ Early Stage VC cells. 73.73 Euclidean Capital Developer of detection devices providing a measure of the kidney's function or glomerular filtration rate in 15 to 30 minutes, enabling hospitals, cardiac catheterization labs and physician to treat acute kidney Undisclosed PharmacoPhotonics 22-Feb-17 Carmel, IN Angel injuries and chronic kidney diseases. 3.00 Investors Undisclosed Oncternal Therapeutics 22-Feb-17 San Diego, CA Early Stage VC Developer of novel therapies for both rare and common cancers. 18.40 Investors The company uses deep learning technology for drug discovery and drug re-purposing for aging and age-related diseases, allowing for the identification of molecules that may be effective against a variety of cancers as well as metabolic, cardiovascular and central nervous system Undisclosed InSilico Medicine 22-Feb-17 Baltimore, MD Early Stage VC diseases. 10.00 Investors Provider of a treatment designed to translate state-of-the-art science into novel medicines for the treatment of cancer and other diseases of gene Imago BioSciences 22-Feb-17 San Francisco, CA Early Stage VC expression. 40.50 Clarus Ventures Petaling Jaya, Provider of an integrated online ecosystem for local and overseas health Undisclosed BookDoc 22-Feb-17 Malaysia Seed Round travelers. 2.00 Investors Compiled by: Morgan Reape Source: Pitchbook 4 Monthly Healthcare Review February 2017 Private Equity Placements and Venture Capital Rounds The following table includes institutionally