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Advion Bio Raises Venture Capital And Debt

Friday, June 27, 2014 5:30:00 AM PDT | VentureDeal

   Ithaca, New York  --  Advion BioSciences has secured $1.5 million in new venture capital equity and debt investment, according to an SEC regulatory filing.

Advion wants to "become a leading provider of bioanalytical contract services to the pharmaceutical industry."

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

Advion is backed by a syndicate of venture capital firms.

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