Industry Updates,Venture Capital

San Diego Biotech Funding Update13 Jul

Venture capital continued to flow in modest amounts to San Diego area biotechs last week…

Helixis Raises $5.5M | Xconomy

Nexus Biosystems Raises $5M | Xconomy

…while Arena with its potential obesity blockbuster Lorcaserin made $52.1M on a second stock offering.  Arena shares closed nicely up on the day.

Arena Raises $52.1M in Offering | Xconomy

Meanwhile, in a bit of twisted unintentional sadism, one local firm can’t even generate enough shareholder interest to liquidate and close up shop.

TorreyPines Delays its Dissolution | Xconomy

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