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Cylene Pharma Secures $12 Million Venture Capital

Tuesday, September 28, 2010 5:36:00 AM PDT | VentureDeal Staff

San Diego, California  --  Small molecule company Cylene Pharmaceuticals has secured $12 million in new institutional venture capital financing.

Cylene is developing drugs to treat life-threatening diseases and is focusing on cancer related conditions.

Investors in the round included Sanderling Ventures, HBM BioVentures, Novartis BioVenture Fund, BioVentures Investors, Lilly Ventures, Mitsui & Co. Ltd. and the Morningside Group

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