Deal Announcements

Mersana Raises $6 Million Venture Capital Debt

Monday, April 25, 2011 5:57:00 AM PDT | VentureDeal Staff

   Cambridge, Massachusetts  --  Pharmaceutical technology company Mersana (formerly known as Nanopharma Corp.) has landed $6 million in new venture capital debt.

Mersana says that it is developing new oncology agents based on "Fleximer", which is a material that enhances the safety and efficacy of drugs.

Investors in the financing were not disclosed in the SEC regulatory filing.

The company is still seeking $4 million in additional financing.

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