Recent Financings of Private Companies (05/10)

Start-Up's monthly comprehensive review of emerging life science companies that have received venture funding during the month, including companies in the pharmaceutical, medical device, diagnostic and research instrumentation and reagent sectors.

March—Telegraph Hill Partners has led a group of three other investors which participated in the $6mm Series A financing for molecular diagnostics developer AltheaDx Inc. The company initiated the round in August 2009 and raised $3.6mm in the first tranche.

AltheaDx spun out of pharmaceutical manufacturing services firm Althea Technologies in February 2008 to focus on genetic testing technology--specifically a...

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