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Welsh, Carson Leads Valeritas $150M Loan
Valeritas has secured $150 million in a venture capital financing from Israeli and U.S. funds.
Valeritashas secured $150 million in a venture capital financing from Israeli and U.S. funds. The series C financing round was led by private equity firmWelsh, Carson, Anderson & Stowewith existing investors, includingMPM Capital,HLM Venture Partners,CHL Medical PartnersandKaiser Permanente Ventures.
Israeli funds such asPitango创投资本andAgate Medical Investmentshave also invested in the U.S. medical device company. The funding will finance the commercialization of its V-Go disposable insulin delivery device, which provides basal-bolus insulin therapy for adult diabetics.
Click here for the release fromPR Newswire.