By Elaine Rigoli
Tampa, Fla., Aug. 7 - NanoBio Corp. said Monday that it secured a $30 million equity investment from Perseus, LLC and said the funding, which will come in three tranches, will support NanoBio's expanding clinical pipeline.
NanoBio has developed multiple topical anti-infective products and vaccine candidates derived from its patented NanoStat technology platform. The company's lead product candidates are treatments for herpes labialis (cold sores) and onychomycosis (nail fungus) and a mucosal vaccine for influenza.
NanoBio is a private biopharmaceutical company with headquarters in Ann Arbor, Mich.
Perseus is a private equity-fund management company with headquarters in Washington, D.C.
Issuer: | NanoBio Corp.
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Issue: | Private equity financing
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Amount: | $30 million
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Investors: | Perseus, LLC
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Announcement date: | Aug. 7
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