Tech Company Financing Transactions

Metabolic Solutions Development Funding Round

Metabolic Solutions Development closed a $10 million venture capital round on 5/12/2009. Backers included Hopen Life Science Ventures and Southwestern Michigan First Life Science Venture Fund.

Transaction Overview

Announced On
5/12/2009
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Undisclosed
Proceeds Purpose
The funding from investors supports the compilation and analysis of Phase IIa data and allows MSDC to pursue an Investigational New Drug Application with the Food and Drug Administration on a second-generation drug to MSDC-0160.

Company Information

Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
161 East Michigan Ave. 4th Floor
Kalamazoo, MI 49007
USA
Email Address
Overview
Metabolic Solutions Development Company was formed in January 2006 to develop innovative therapeutics addressing the growing global threat of type 2 diabetes and other metabolic disorders. Its founders are two scientists with decades of experience in type 2 diabetes and other metabolic disorders.
Profile
Metabolic Solutions Development LinkedIn Company Profile
Social Media
Metabolic Solutions Development Company Twitter Account
Company News
Metabolic Solutions Development News
Facebook
Metabolic Solutions Development on Facebook
YouTube
Metabolic Solutions Development on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Stephen Benoit
  Stephen Benoit LinkedIn Profile  Stephen Benoit Twitter Account  Stephen Benoit News  Stephen Benoit on Facebook
Chief Scientific Officer
Jerry Colca
  Jerry Colca LinkedIn Profile  Jerry Colca Twitter Account  Jerry Colca News  Jerry Colca on Facebook
Co-Founder
Rolf Kletzien
  Rolf Kletzien LinkedIn Profile  Rolf Kletzien Twitter Account  Rolf Kletzien News  Rolf Kletzien on Facebook


 

 

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Prev: 5/12/2009: Medialets venture capital transaction
Next: 5/13/2009: Dashwire venture capital transaction

 

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Where The Data Comes From

We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.

 


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