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07 August 2012

There is practically no venture financing institution in the field of Life Sciences in Russia

Kirill Sedov, Farmatsevticheskiy Vestnik

In the interview to Farmatsevticheskiy Vestnik, Leonid Melamed, Team Drive Chairman of the Board of Directors said that the company having undertaken a venture project in the Russian pharmaceutical market had to act as a pioneer.

25 July 2012

Venture capital spurs Russian drug development – in California

Isabel Gorst, FT-Beyondbrics

When the Kremlin invited a group of US venture capitalists to Russia during the financial crisis, some of the visitors saw as much an opportunity to scout for fresh sources of capital as they did a new place to invest in.

25 July 2012

Rusnano and Domain Associates announce first joint investment

Nano werk

RusnanoMedInvest (RMI, a portfolio company of RUSNANO) and Domain Associates, the Princeton, NJ- and San Diego, CA-based venture capital firm today announced their first investment under a joint agreement reached in March. The two will jointly invest nearly $40 million in San Diego, CA-based, CoDa Therapeutics, a Domain portfolio company, along with current investors GBS Ventures (Melbourne, Australia) and BioPacificVentures (Auckland, NZ).

Coda Therapeutics raise additional $20M for series B

Private Equity Hub

CoDa Therapeutics has raised an additional $20 million from RusnanoMedInvest in a second close of its Series B financing round. This brings the total Series B Round to nearly $40 million following the first close late last year. All current investors, including Domain Associates, GBS Ventures and BioPacificVentures participated. San Diego-based CoDa is a biopharmaceutical company working to develop drug therapies for wounds that do not heal properly, including venous leg and diabetic foot ulcers.

24 July 2012

Russia’s Rusnano, Domain Invest $40 Million In San Diego’s CoDa

Ksenia Galouchko, Bloomberg

Russian Nanotechnologies, the state- run technology holding, and Domain Associates, a U.S. venture fund, are investing about $40 million in San Diego-based biopharmaceutical company CoDa Therapeutics.

07 March 2012

RUSNANO and Domain to Collaborate on Investments in Health Sciences Projects

Nanowerk News

RUSNANO and Domain Associates, a U.S. venture capital firm specializing in leading-edge life sciences technologies, today announced a partnership that will spur modernization of the Russian healthcare market by bringing next-generation pharmaceuticals, medical devices and diagnostics to Russia.

06 March 2012

Rusnano, US fund to invest $760 mln in pharma venture

Megan Davies, Reuters

Russian state technology firm Rusnano is teaming up with a U.S. venture fund to invest around $760 million in a number of U.S. healthcare and pharmaceuticals firms, establish a manufacturing facility in Russia and bring new drugs to the Russian market.

06 March 2012

Domain partners with RusNano on $760M biotech investment plan

John Carroll, Fierce Biotech

The Russians are back. After capturing the attention of the nanobio crowd with a few hefty investments in the U.S., RusNano is now partnering with Domain Associates on a $760 million initiative that will invest in about 20 life sciences companies and construct a pharma manufacturing center in Russia to produce next-gen therapies.

06 March 2012

Rusnano Teams Up With U.S. Fund Domain to Invest in Life Science

Jason Corcoran, BLOOMBERG

Russian Nanotechnologies Corp. plans to work with Domain Associates, a U.S. venture fund, to invest $760 million in U.S. life science companies and build facilities in Russia.