Here’s a roundup of the latest dealflow and investment news:
- Doctors Research cements $7.7 million in funding
Doctors Research Group Inc. raised $7.7 million with an equity-based funding round from 53 investors, according to a Securities & Exchange Commission filing. The Southbury, Conn.-based bone cement developer is attempting to raise another $7.3 million for a total of $15 million. The company’s Kryptonite product for cranial repair was cleared by the Food & Drug Administration for marketing in the United States and has CE Mark approval for sale in Europe.
Read more - Neuroptix grabs $4.6 million
Neuroptix Corp. drummed up $4.6 million with an offering comprised of equity and options. So far six unnamed individuals have invested in company and it wants to raise an additional $4.5 million in the round, according to an SEC filing. The Acton, Mass.-based company is developing a laser eye scanning test for the early detection of Alzheimer’s disease, according to its website.
Read more - Applied Bioprocess Containers scoops up $1 million
Applied Bioprocess Containers LLC raised $1.03 million from six unnamed investors from the sale of equity — about $30,000 shy of its goal, according to an SEC filing. The Plymouth, Minn.-based company makes specially designed bags to hold materials during the manufacture of biotech-based pharmaceuticals, writes MedCity News.
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