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Recent Financings of Private Companies (11/2007)

Each month, Start-Up presents a comprehensive review of young, private life science companies that have received venture funding during the month, including companies in the pharmaceutical, medical device, diagnostic and research instrumentation & reagent sectors.

Sep.—Infectious disease diagnostics company AdvanDx raised $15mm in a Series C financing to its PNA FISH US distributor and first-time backer bioMérieux as well as returning shareholders LD Pensions and SLS Venture. The company will use the money to expand its portfolio and for global sales and marketing of its pathogen identification tests.

Oct.—Ikonisys (cell-based diagnostics for cancer and women's health) raised $30mm in a Series E round that was led by new...

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