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Peninsula spin-off Cerexa gets $50mm with financing

Executive Summary

Antibiotics company Cerexa brought in $50mm with its first financing round led by Frazier Healthcare Ventures and New Leaf Venture Partners. Also participating were existing backers AM Pappas & Associates, Canaan Partners, CDIB BioScience Ventures, Domain Associates, EGS Heathcare Capital, Montreux Equity Partners, and OrbiMed Advisors.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement
    • Spin-Off
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