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Recent Financings of Private Companies (09/11)

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.

Crescent Diagnostics Ltd. (test for risk of hip fractures) has raised €1.5mm ($2.2mm) through its Series A venture round. Participants included AIB Seed Capital Fund (co-managed by Enterprise Equity Venture Capital), Bank of Ireland Seed Fund (managed by Kernel Capital), and current shareholder Seroba BioVentures. (Jun.)

Formed in 2004, Crescent Diagnostics has developed the Bone Quality Test ( BQT), a predictive diagnostic that uses nail clippings...

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