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BioVascular Secures Series C Financing Round

Monday, February 11, 2008 6:09:00 AM PDT | VentureDeal Staff

SAN DIEGO, CA -- Biotechnology company BioVascular, Inc. has announced that it has raised $10.87 million in third round venture capital financing.

BioVascular is a cardiovascular and vascular disease focused company developing novel therapies for people with platelet-mediated disorders.  The company was founded in 2005.

BB Biotech Ventures led the round, which included Merck Capital Ventures and Domain Associates.  The company said it would use the funding proceeds to support the development of its lead candidates saratin and BVI-007.

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