Inimex Nets $22M in Series B to Advance Innate Defense Drugs

Turner, Tiffany
June 2008
BioWorld Today;6/3/2008, Vol. 19 Issue 107, p1
The article talks about the successful Series B financing held by Inimex Pharmaceuticals Inc., that it expects to bring it closer to conducting clinical trials of its Innate Defense Regulator drugs. The company raised $22 million to grow its portfolio, which includes a number of potential products aimed at combating antibiotic resistance and inflammation. The three new investors attracted by the company are Morningside Venture Investments Ltd., Roche Venture Fund and Astellas Venture Management LLC.


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