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Gemin X Adds $8 Million New Venture Capital

Friday, August 06, 2010 5:33:00 AM PDT | VentureDeal Staff

Malvern, Pennsylvania  --  Gemin X Pharmaceuticals announced that it has raised $8 million in its fifth round of institutional venture capital investment.

Gemin X is developing small molecule cancer therapeutics based on the regulation of apoptosis - the body's natural ability to destroy injured or damaged cells.

Caxton Advantage Life Sciences Fund led the round, which also included Sanderling Ventures and other undisclosed investors. The company said it would use the funding proceeds to continue its clinical trials.

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