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Recent Financings of Private Companies (4/2009)

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.

Feb.—ActoGeniX (autoimmune, gastrointestinal, and metabolic therapies) has raised €13.5mm ($17mm) through its Series B round. First-time investor Biovest was joined by current backers GIMV, Biotech Fund Flanders, Baekeland Fund, VIB (the Flanders Institute for Biotechnology), Life Sciences Partners, Aescap Venture, and Ventech. Biovest gains representation on the company's board.

March—BioVex (vaccines for cancer and genital herpes) raised $40mm in the first close of its Series F financing from lead...

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