Navigation Links
PDC Biotech GmbH Announces Close of Series A Financing
Date:10/31/2009

VIENNA, AUSTRIA, October 30, 2009 / b3c newswire / - PDC Biotech GmbH (PDC) today announced the close of a Series A financing of over 4 million. MIG Verwaltungs AG (Munich) and Edmond de Rothschild Investment Partners (Paris) co-led the round.

Proceeds from the financing will be used to complete preclinical work and the first clinical study of the companys lead compound, PDC31 which is being developed for the treatment of preterm labour and primary dysmenorrhea. The company is expecting to conclude the remaining preclinical work early in mid 2010 and then conduct the Phase I/II trial.

PDC31 is a peptide antagonist of the prostaglandin F2a (FP) receptor, the lead in a series of FP antagonists exclusively licensed to PDC Biotech GmbH from Theratechnologies, (TSX: TH), a Canadian biopharmaceutical company.

Ms. Patricia Griffin and Ms Diane Kalina, co-founders of PDC stated: We are delighted to have such outstanding investors who understand the potential of our company and who are able to provide the necessary capital to advance our programs despite the difficult financing market.

The company was previously awarded 1 million in seed funding from the Austria Wirtschaftsservice (AWS) and a grant of 517,000 from the Zentrum fr Innovation und Technologie (ZIT; an agency of the City of Vienna for promotion of innovation and technology). The total funds raised since inception amount to over 5.56 million (approx. CDN $8.9 million).

Preterm Labour
Preterm labour is defined as regular uterine contractions associated with cervical changes occurring before 37 weeks of gestation. Preterm birth, which is associated with increased risk of neonatal m
'/>"/>

b3c newswire

Page: 1 2 3

Related biology news :

1. Media source impacts ag biotech communication
2. KINAXO Biotechnologies and Bayer Vital GmbH Collaborate in Phosphoproteomics Biomarker Identification
3. GATC Biotech AG is investing more than 5 million euros in its Constance site to double the companys floor space
4. Anti-biotech groups obstruct forest biotechnology
5. GenWay Biotech obtains exclusive rights to AMDLs DR-70 cancer test in US and Canada
6. Genome sequencing of fungus with biotechnological applications
7. Biotech scientists team with curators to stem decay of worlds art, cultural heritage
8. Genetic Engineering & Biotechnology News reports on the trend toward predictive toxicogenomics
9. Genetic Engineering & Biotechnology News reports on growing role of molecular diagnostics
10. CU-Boulder, biotech firm team up on python project in search for human cardiac therapeutics
11. Genetic Engineering & Biotechnology News reports on novel hit-to-lead drug discovery
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/5/2015)... Transparency Market Research has released ... Global Industry Analysis, Size, Share, Growth, Trends and Forecast ... is forecast to reach US$ 2,671.8 Mn by 2022. ... systems by civil and government agencies. This is majorly ... activities across the globe that would elevate the demand ...
(Date:8/4/2015)... ALBANY, N.Y., Aug. 4, 2015  AMRI (NASDAQ: AMRI ) ... June 30, 2015. Highlights: , Second quarter ... increase from 2014 , Adjusted contract margins of ... EPS of $0.22, including a $0.05 decrease in EPS from royalties ... of $16 million "We are very pleased to ...
(Date:7/31/2015)... 31 de julio de 2015 BGI llevará a ... ) del 22 al 25 de octubre de 2015, ... La conferencia celebra su décimo aniversario este año. Desde ... una de las reuniones anuales más influyentes del mundo ... de las conferencias científicas más dinámicas, entusiastas y amenas. ...
Breaking Biology News(10 mins):Facial Recognition Market Expected to Reach US$ 2.67 Bn by 2022, at a CAGR of 9.5% From 2015 - 2022: Transparency Market Research 2Facial Recognition Market Expected to Reach US$ 2.67 Bn by 2022, at a CAGR of 9.5% From 2015 - 2022: Transparency Market Research 3Facial Recognition Market Expected to Reach US$ 2.67 Bn by 2022, at a CAGR of 9.5% From 2015 - 2022: Transparency Market Research 4Facial Recognition Market Expected to Reach US$ 2.67 Bn by 2022, at a CAGR of 9.5% From 2015 - 2022: Transparency Market Research 5Facial Recognition Market Expected to Reach US$ 2.67 Bn by 2022, at a CAGR of 9.5% From 2015 - 2022: Transparency Market Research 6AMRI Announces Second Quarter 2015 Results 2AMRI Announces Second Quarter 2015 Results 3AMRI Announces Second Quarter 2015 Results 4AMRI Announces Second Quarter 2015 Results 5AMRI Announces Second Quarter 2015 Results 6AMRI Announces Second Quarter 2015 Results 7AMRI Announces Second Quarter 2015 Results 8AMRI Announces Second Quarter 2015 Results 9AMRI Announces Second Quarter 2015 Results 10AMRI Announces Second Quarter 2015 Results 11AMRI Announces Second Quarter 2015 Results 12AMRI Announces Second Quarter 2015 Results 13AMRI Announces Second Quarter 2015 Results 14AMRI Announces Second Quarter 2015 Results 15AMRI Announces Second Quarter 2015 Results 16AMRI Announces Second Quarter 2015 Results 17AMRI Announces Second Quarter 2015 Results 18AMRI Announces Second Quarter 2015 Results 19AMRI Announces Second Quarter 2015 Results 20AMRI Announces Second Quarter 2015 Results 21AMRI Announces Second Quarter 2015 Results 22AMRI Announces Second Quarter 2015 Results 23AMRI Announces Second Quarter 2015 Results 24La 10ª Conferencia Internacional sobre Genómica (ICG-10) comienza en octubre 2La 10ª Conferencia Internacional sobre Genómica (ICG-10) comienza en octubre 3
... Philadelphia, PA, March 26, 2013 Like it or not ... the technology du jour for movie-making in Hollywood. It now ... communicate emotions. According to a new study published in ... on three distinct systems: one system that directs attention to ...
... all foodstuffs contain the genetic material of those ... their preparation. Scientists at the Institute of Molecular ... Gutenberg University Mainz (JGU) have developed a novel ... analysis of animal, plant, and microbial substances present ...
... investments into protected areas in the Amazon may not be ... new study published today, 27 March, in IOP Publishing,s journal ... areas in the Brazilian Amazon and performed a critical analysis ... Protected Area Management (RAPPAM) that is used to manage, ...
Cached Biology News:Human emotion: We report our feelings in 3-D 2New DNA test identifies ingredients in foods 2Researchers question evaluation methods for protected areas in the Amazon 2
(Date:9/1/2015)... DUBLIN , September 1, 2015 ... appointment of Sara Mathew to its Board of ... member of the Audit, Compliance & Risk Committee of the ... 1, 2015. Sara previously served as Chairman, President ... retiring in December 2013. During her 12-year tenure at D&B, ...
(Date:8/31/2015)... -- MabVax Therapeutics Holdings, Inc. (OTCQB: MBVX) aclinical stage ... antibody, HuMab 5B1, will be garnering major attention as ... World Molecular Imaging Congress (WMIC) being held in ... the Department of Radiology at Memorial Sloan Kettering Cancer ... MabVax,s lead antibody as a PET imaging agent and ...
(Date:8/31/2015)... Research and Markets ( http://www.researchandmarkets.com/research/cbgl72/middle_east_and ) has ... Africa Biomedical Sensors Market - Growth, Trends & Forecasts ... The Middle East & Africa ... 2018 at a CAGR of 3.26% over the period ... sensors that are adaptable to the genetic formulation of ...
(Date:8/31/2015)... -- US-Australian drug discovery company, Novogen Limited (ASX: NRT; ... scientific review has identified high value opportunities for ... patient need. Novogen is moving as quickly as ... entering into Phase 1 clinical trials with our ... Officer, Iain Ross , said that following ...
Breaking Biology Technology:Shire Appoints Sara Mathew to Board of Directors 2MabVax Therapeutics HuMab 5B1 Antibody Is Highlighted at Upcoming World Molecular Imaging Congress in Five Separate Presentations 2MabVax Therapeutics HuMab 5B1 Antibody Is Highlighted at Upcoming World Molecular Imaging Congress in Five Separate Presentations 3MabVax Therapeutics HuMab 5B1 Antibody Is Highlighted at Upcoming World Molecular Imaging Congress in Five Separate Presentations 4Middle East & Africa Biomedical Sensors Market Report 2015 - Growth, Trends & Forecasts to 2020 2Novogen Announces The Outcome Of A Comprehensive Science Review 2Novogen Announces The Outcome Of A Comprehensive Science Review 3Novogen Announces The Outcome Of A Comprehensive Science Review 4Novogen Announces The Outcome Of A Comprehensive Science Review 5Novogen Announces The Outcome Of A Comprehensive Science Review 6
... could be launched from Wisconsin in the next ten years, ... Committee 14-1 and could reach the Senate for a vote ... of a private spaceport in Wisconsin that would be regulated ... a Wisconsin Aerospace Authority to regulate private space travel in ...
... Foundry premiered this week a new Mediasite ... untapped audience on the Internet interested in multimedia presentations ... to presentations by users of the companys rich media ... content with other media sources slideshows and text. The ...
... an online firm with headquarters in Madison, has ... after finding that the more compact name was ... limited liability companies and non-profits. , ,Customers prefer ... our web traffic entering through bizfilings.com compared to ...
Cached Biology Technology:Space port could open in Sheboygan in next 10 years 2Space port could open in Sheboygan in next 10 years 3Sonic Foundry creates search engine for 7,000 expert video presentations 2
... real-time observations of cell cultures under precise, ... different strain parameters in addition to a ... strain chamber used by the ST-195 is ... ST-195 can be used with Nikon, Olympus, ...
... and biologic production demands on cell and ... viable cell populations. Therefore, both cell concentration ... determined accurately and precisely. The new Vi-CELLTM ... cost effective means to perform the trypan ...
... cell and PowerPac Basic power supply are used ... Mini Trans-Blot cell accommodates two 7.5 x 10 ... modular electrode assembly, Bio-Ice cooling unit, buffer tank, ... The PowerPac basic power supply, 100-120 and 220-240 ...
...
Biology Products: