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AmpliMed Secures $8.5M in Series B Financing

Tuesday, November 28, 2006 8:00:00 AM PDT | VentureDeal Staff

TUCSON, AZ --  AmpliMed Corporation announced the second closing of its Series B financing round with an additional $8.5 million in new investment.

The Series B round was led by Biotech Insight Ventures and included InvestBio Ventures, Valley Ventures and Solstice Capital.

The company, which is in clinical trials for drug treatments of skin and pancreatic cancer, will use the funds to complete current trials and launch into the next phase of its clinical development program.

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