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- Groove Biopharma Raises $6 Mln
Groove Biopharma has raised $6 million in series B financing from Alexandria Venture Investments, ARCH Venture Partners, OVP Venture Partners, Versant Ventures, and WRF Capital. Seattle-based Groove Biopharma is a privately held biotech.
- Healthy Outlook for Health Services
VCs are optimistic about the sector, thanks to a projected increase in spending
- Panmira Gets New CEO
Panmira Pharmaceuticals has appointed Hari Kumar as chief executive officer. Panmira was spun out of Amira Pharmaceuticals prior to Amira's acquisition by Bristol-Myers Squibb. Investors include Dr. Brad Bolzon (Versant Ventures), Mr. Kevin Kinsella (Avalon Ventures), Dr. David Schnell (Prospect Venture Partners) and Dr. Heath Lukatch (Novo A/S).