• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Drug Delivery Business

  • Clinical Trials
  • Research & Development
  • Drug-Device Combinations
  • FDA
  • Pharmaceuticals
  • Policy

Pulmatrix raises $3 million in funding

March 19, 2009 By drugdelivery

Mass High Tech is reporting that Pulmatrix Inc., a Lexington-based biotechnology startup that’s developing inhaled therapies for respiratory infectious diseases, raised $3.5 million.

The company, which isn’t speaking publicly about the financing and only recently came out of stealth mode, is another Robert Langer company financed by Polaris Ventures of Waltham.

Langer, a scientist at the Massachusetts Institute of Technology, has frequently teamed up with Polaris over the past 15 years.

Polaris managing partner Terry McGuiresits on the Pulmatrix board, as he frequently does with companies founded by the renowned scientist.

Mass High Tech, citing paper filings by Pulmatrix with the federal Securities and Exchange Commission, reported that the company raised $3.5 million, shy of its $4 million goal.

Filed Under: Business/Financial News, Drug-Device Combinations

IN CASE YOU MISSED IT

  • BD stock up on Street-beating preliminary quarterly revenue numbers
  • Locate Bio lands FDA breakthrough nod for bone infection device
  • PerkinElmer to acquire Oxford Immunotec
  • Evonik buys polymers business from Durect Corp.
  • New Croatian notified body designated to European MDR

Primary Sidebar

MEDTECH 100 INDEX

Medtech 100 logo
Market Summary > Current Price
The MedTech 100 is a financial index calculated using the BIG100 companies covered in Medical Design and Outsourcing.
Need Drug Delivery Business News in a minute? We Deliver!
Drug Delivery Enewsletters get you caught up on all the mission critical news you need in med tech. Sign up today.

Tweets by DrugDeliveryNow

Footer

MassDevice Medical NETWORK

MassDevice
DeviceTalks
Medical Design & Outsourcing
Medical Tubing + Extrusion

DRUG DELIVERY BUSINESS NEWS

Subscribe to Drug Delivery News
Advertise with us
About
Contact us
Privacy
Add us on FacebookFollow us on TwitterConnect with us on LinkedIn

Copyright © 2021 · WTWH Media LLC and its licensors. All rights reserved.
The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media.

Advertise | Privacy Policy | RSS