19 December 2012
RMI and Domain Associates to invest $93m in development of three next-generation pharmaceuticals
U.S. venture capital firm Domain Associates, Rusnano subsidiary RusnanoMedInvest (RMI) and a group of co-investors will invest a combined $93m in Marinus Pharmaceuticals, Inc., Lithera, Inc., and Regado Biosciences, Inc., all of which are developers of advanced pharmaceutical products.
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.
The RMI group has completed sertain projects
The RMI Group has exited from the capital of portfolio companies:
Marinus Pharmaceuticals, Inc.,
Syndax Pharmaceuticals, Inc.,
Atea Pharmaceuticals, Inc.