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Combinent BioMedical Lands Venture Capital Debt

Thursday, January 05, 2012 5:38:00 AM PDT | VentureDeal Staff

   Lexington, Massachusetts  --  Pharmaceutical company Combinent BioMedical Systems has received $750,000 in new venture capital debt, according to an SEC regulatory filing.

Combinent is developing drug combinations using existing pharmaceutical products combined with its proprietary transvaginal drug delivery system.

Investors in the financing were not disclosed, nor was how the company intends to use the funding proceeds.

Combinent is backed by a syndicate of venture capital and strategic investors.

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