Tech Company Financing Transactions

Magellan Biosciences Funding Round

Magellan Biosciences closed a $50 million investment round on 11/28/2006. Investors included Abingworth, Amidzad Partners and Boston Community Venture Fund.

Transaction Overview

Announced On
Transaction Type
Venture Equity
Proceeds Purpose
This new funding will allow us to expand our growth through further new product development as well as strategic acquisitions. We plan to expand our presence in products for clinical-diagnostics, hospital-based labs, and near-patient testing that improve health outcomes."

Company Information

Company Status
Private & Independent
Mailing Address
101 Billerica Ave. Building 4
North Billerica, MA 01862
Email Address
Magellan's innovative products include rapid point-of-care systems to screen children and adults for lead poisoning; microbiology products for blood culture and susceptibility testing that help in the global effort to prevent MRSA and other drug-resistant infections.
Magellan Biosciences LinkedIn Company Profile
Social Media
Magellan Biosciences Company Twitter Account
Company News
Magellan Biosciences News
Magellan Biosciences on Facebook
Magellan Biosciences on YouTube

Management Team

Email & Social
Chief Executive Officer
Amy Winslow
  Amy Winslow LinkedIn Profile  Amy Winslow Twitter Account  Amy Winslow News  Amy Winslow on Facebook
Chief Operating Officer
Hossein Maleknia
  Hossein Maleknia LinkedIn Profile  Hossein Maleknia Twitter Account  Hossein Maleknia News  Hossein Maleknia on Facebook
VP - Finance
Janine LeBlanc
  Janine LeBlanc LinkedIn Profile  Janine LeBlanc Twitter Account  Janine LeBlanc News  Janine LeBlanc on Facebook
VP - Sales
Jennifer Zonderman
  Jennifer Zonderman LinkedIn Profile  Jennifer Zonderman Twitter Account  Jennifer Zonderman News  Jennifer Zonderman on Facebook



Browse more venture capital transactions:

Prev: 11/28/2006: Tangoe venture capital transaction
Next: 11/28/2006: Serene Medical venture capital transaction


Share this article


About Database of VC Transactions

We do our best to record funding rounds that are announced publicly. VC investment data records reported here are sourced from publicly available VC deal announcements. The information comes to us via our partnership with, an affiliated venture.


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities


Business Glossary