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    Thursday, May 26, 2005

    Phenomix Finds $40M Series B Funding
    San Diego-based biotech firm Phenomix has closed a $40M second round of funding. The drug discovery firm is developing drugs focused on immune disease and metabolic syndrome. The company's leading drug candidate is targeted at the treatment of rheumatoid arthritis. Funding was led by JPMorgan Partners and Delphi Ventures, and included new investor Baker Brothers Investments. Existing investors also participated, and include Alta Partners, Sofinnova Ventures, Bay City Capital, CMEA Ventures, GBS Venture Partners and Novartis BioVenture Fund.
    posted on Thursday, May 26, 2005 (Link to more information)

    Related companies:
    Phenomix

    Related stories:
    > Phenomix Gets $75M In Deal With Forest Labs
    > Phenomix Raises $55M Series C
    > Phenomix Drops IPO Bid
    > Phenomix Files For IPO
    > SpecificMEDIA Finds $10M

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