Oral drug start-up Chiasma raises $44m: This is the most that an Israeli biomed co has raised this year from VC and private investors.

From: Globes (Tel Aviv, Israel) | Date: November 15, 2006 | Copyright information

Byline: Gali Weinreb

Nov. 15--Israeli start-up Chiasma, which has developed a new technology for oral delivery of macromolecules and other impermeable drugs into the bloodstream announced today the completion of a third fundraising round in which it raised $44 million. The round was led by US venture fund MPM Capital, a fund which specializes in life sciences and managed $2 billion dollars in assets, and which has already invested in the Israeli companies Omrix and Minds...

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