Published on 8/2/2006 in the Prospect News Biotech Daily.
Esprit completes $90 million series B financing round
By Elaine Rigoli
Tampa, Fla., Aug. 2 - Esprit Pharma has completed a series B funding round, raising $90,790,000 in financing from a group of venture capital and private equity investors.
Firms participating included existing investors New Enterprise Associates, Apax Partners, Inc., Domain Associates LLC and Montagu Newhall Global Partners plus new investors Oak Investment Partners and clients advised by Performance Equity Management.
Esprit is a niche-oriented pharmaceutical company located in East Brunswick, N.J.
Issuer: | Esprit Pharma
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Issue: | Series B financing
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Amount: | $90.79 million
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Investors: | New Enterprise Associates, Apax Partners, Inc., Domain Associates LLC, Montagu Newhall Global Partners, Oak Investment Partners and clients advised by Performance Equity Management
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Announcement date: | Aug. 2
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