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Paradigm Therapeutics gets £12mm in second round

Executive Summary

University of Cambridge spin-off Paradigm Therapeutics (functional genomics) raised £12mm ($19mm) in a second round private placement co-led by BioMedical Sciences Investment Fund and Technomark Medical Ventures. Also participating was return investor Avlar BioVentures as well as Genmab, whose investment is the result of an April 2002 agreement with Paradigm to develop antibody therapeutics.
Deal Industry
  • Pharmaceuticals
  • Biotechnology
    • Drug Discovery Tools
      • Bioinformatics
      • Genomics-Proteomics
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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