Toledo, Ohio, February 5, 2019 – VentureMed Group, Inc. a privately-held medical device company that develops and markets the FLEX Vessel Prep™ System to treat peripheral arterial disease (PAD) and stenoses of arteriovenous (AV) fistulas and grafts, announced today that J. Robert Paulson, Jr., has been appointed president and chief executive officer, and a member of the Company’s board of directors, effective January 1, 2019.
Azarbarzin brings vast experience in medical devices, surgical stapling, innovation, and successful execution of growth strategies
Blue Ash, OH – January 30, 2019 – Standard Bariatrics, Inc. today announced the appointment of Kurt Azarbarzin as Chairman of the Board of Directors, effective immediately.
ST. LOUIS, MO (Jan. 22, 2019) – Life sciences venture capital firm RiverVest Venture Partners today announced that Sivan Weitzman has joined the firm as Chief Financial Officer. Weitzman brings with her experience as CFO at an Israeli investment firm where, during her 13 years there, assets under management grew from $250 million to $14 billion.
ST. LOUIS, MO (Dec. 18, 2018) – Life sciences venture capital firm RiverVest Venture Partners today announced the final closing of RiverVest Venture Fund IV, L.P., reaching $184.4 million in capital commitments in an oversubscribed fundraise. RiverVest Fund IV marks the firm’s fourth dedicated life sciences fund, bringing its total assets under management as of Sept. 30 to $753 million.
Maralixibat Phase 2b study interim analysis suggests proof of concept in Alagille Synrdome
Combined leadership from former Lumena and Tobira teams to pursue registration in Alagille Syndrome, Progressive Familial Intrahepatic Cholestasis and other liver diseases
SAN DIEGO – Nov. 7, 2018– Mirum Pharmaceuticals today announced that the company has secured $120 million in Series A financing, the proceeds of which will support development of maralixibat for rare cholestatic liver diseases.
Innovative laparoscopic bariatric device manufacturer announces FDA 510(k) clearance for Sleeve Gastrectomy
Cincinnati, Ohio – October 22, 2018 – Standard Bariatrics, an innovator of surgical devices, has received a sleeve gastrectomy indication from the Food and Drug Administration (FDA) for the STANDARD CLAMP®.1
Cardialen is developing a low-energy implantable defibrillation therapy designed to more gently restore normal heart rhythm
Minneapolis, Oct. 10, 2018 – Cardialen, Inc., a medical device company developing a low-energy implantable defibrillation therapy designed to more gently restore normal heart rhythm, announced today the closing of a $17 million Series B investment led by RiverVest Venture Partners, along with Qiming Venture Partners, HBM Healthcare Investments and Cultivation Capital. The financing will be used to advance Cardialen’s clinical program with further human testing of its unpinning termination (UPT) therapy and begin development of an implantable device.
— Adds RiverVest Venture Partners, Qatar Investment Authority and Redmile Group to List of Financial Backers
— Proceeds Will Advance Growing Portfolio of Therapeutic Candidates for Various Cancers
SEATTLE, Washington – September 11, 2018 – OncoResponse, an immunotherapy company developing a portfolio of novel antibodies to high-value targets for the treatment of cancer, today announced the completion of a $40 million series B equity financing. Participants in the round, which was led by RiverVest Venture Partners, included new investors Qatar Investment Authority (QIA) and Redmile Group, and existing investors Alexandria Venture Investments, ARCH Venture Partners, HT Family Office, Canaan Partners, Helsinn Investment Fund and William Marsh Rice University.
SAN CARLOS, Calif., July 24, 2018 (GLOBE NEWSWIRE) — Allakos Inc. (NASDAQ:ALLK), a clinical stage biotechnology company focused on the development of antibodies for the treatment of various eosinophil and mast cell related diseases, today announced the closing of its initial public offering of 8,203,332 shares of its common stock, sold by the Company at a public offering price of $18.00 per share.
SAN CARLOS, Calif., July 19, 2018 (GLOBE NEWSWIRE) — Allakos Inc., (Nasdaq:ALLK), a clinical stage biotechnology company focused on the development of antibodies for the treatment of various eosinophil and mast cell related diseases, today announced the pricing of its initial public offering of 7,133,333 shares of its common stock at a public offering price of $18.00 per share, for total gross proceeds of approximately $128.4 million, before deducting underwriting discounts and commissions and other offering expenses.
Represents 9th Exit from RiverVest Venture Fund II
ST. LOUIS and CLEVELAND (April 3, 2018) – RiverVest Venture Partners today announced portfolio company Securus Medical Group, Inc., has been sold to Boston Scientific Corporation (NYSE: BSX). Boston Scientific has been an investor in Securus since 2016, and the transaction price for the remaining stake not already owned consists of $40 million in cash up-front, as well as up to $10 million in contingent payments based on regulatory achievements and commercial milestones.