SV Life Sciences Fund III (SVLSFIII)
SVLSF III closed in 2003 with total commitments of $393.2 million
(plus $8.5 million of co-investments committed by partners and
individuals affiliated with SVLS).
As at 31 December 2006 the Fund had invested $242million in 38
portfolio companies.
To go to individual portfolio companies websites please click
on company logo.
Alantos Pharmaceuticals: US
First investment: 2003 - Early Stage
Combinatorial chemistry focused upon lead discovery and optimization
(Previously known as Therascope).
Alba Therapeutics: US
First investment: 2005 - Early Stage
For the treatment of inflammatory and immune mediated diseases.
Alinea: US
First investment: 2005 - Expansion
Alinea is a spinout that will develop a PTP1b inhibitor for insulin
resistance.
Allegiance Hospice Group: US
First investment: 2005 - Start Up
Hospice services in New England.
Aquesys: US
First investment: 2006 - Early Stage
Develops a device treatment for primary open angle glaucoma using
a soluble duct that functions to reduce intraocular pressure by
creating a drainage pathway for excess fluid to flow from the anterior
chamber into the sub conjunctiva.
Archemix: US
First investment: 2002 - Early Stage
Develops aptamers as a new class of direct therapeutics for the
prevention and treatment of chronic and acute disease.
Avera Pharmaceuticals: US
First investment: 2004 - Early Stage
Development and commercialization of novel pharmaceutical compounds
for treatment of neurologic and psychiatric disorders.
Cellutions: US
First investment: 2004 - Seed
Minimally invasive treatment of cellulite.
CHF Solutions: US
First investment: 2005 - Expansion
Mechanical pump filter system to remove fluid from patients with
congestive heart failure.
Concentric Medical: US
First investment: 2003 - Expansion
Interventional neurovascular products for stroke treatment.
Dynogen Pharmaceuticals: US
First investment: 2004 - Early Stage
Genito-urinary and gastro-intestinal disorders using neuroscience-based
pharmaceutical drugs.
EBR Systems: US
First investment: 2005 - Early Stage
EBR Systems, Inc. is an early-stage development venture pursuing novel approaches in cardiac rhythm management.
Entellus: US
First investment: 2006 - Early Stage
Entellus is focused on providing unique solutions to the unmet
clinical needs of the ENT physician through the development of
innovative device technology.
ESBATech: Switzerland
First investment: 2006 - Early Stage
ESBATech is a preclinical stage drug discovery company exploiting
a novel platform for antibody fragment discovery.
Eunoe: US
First investment: 2003 - Expansion
Treatment of neurological disorders through cerebrospinal fluid
management (CSF).
Fundamental Applied Biology, Inc.: US
First investment: 2006 - Early Stage
Fundamental Applied Biology (FAB), Inc. mission is enable the production of low-cost, high quality rapidly developed products and technology for protein pharmaceuticals and innovative vaccines.
GlycoFi: US
First investment: 2002 - Start Up - Exited
Production and engineering of therapeutics proteins.
Gyros AB: Sweden
First investment: 2002 - Start Up
Microfluidic tools for laboratory applications.
Insulet: US
First investment SVLSF II: 2001 - Start Up
First investment SVLSF III: 2004 - Expansion
Disposable insulin infusion devices for diabetes.
Intranasal Therapeutics: US
First investment: 2006 - Early Stage
Intranasal Therapeutics, Inc. ("ITI") is a specialty pharmaceutical
company focused on developing innovative, nasally delivered pharmaceutical
products with a particular focus on drugs treating pain and CNS-related
disorders.
Liposonix: US
First investment SVLSF II: 2001 - Seed
First investment SVLSF III: 2003 - Seed
Focused ultrasound alternative to liposuction..
Funded through the innovation factory.
Lorantis: UK
First investment SVLSF II: 2000 - Start Up
First investment SVLSF III: 2003 - Early Stage
Immunology based drugs.
Lux Bioscience: US
First investment: 2006 - Seed
Opthalmic drugs
Medifacts International: US
First investment: 2004 - Expansion
Cardiovascular core lab and contract research organization.
Mpex Pharmaceuticals: US
First investment: 2005 - Early Stage
Development of new anti-bacterial drugs that meet the growing clinical
need created by multi-drug resistant bacterial pathogens.
Neovista: US
First investment: 2003 - Seed
Developing a technology to irradiate the back of the eye for treatment of Wet AMD.
Neurotech: US
First investment: 2006 - Early Stage
Neurotech is a biotechnology company dedicated to the development
of sight-saving therapeutics for chronic retinal diseases.
OsteoLign: US
First investment: 2005 - Seed
OsteoLign is an early stage company founded by The Innovation Factory
with a minimally invasive solution for long bone fractures.
Patient Care: US
First investment: 2002 - Buy Out
One of the largest US independent home health agencies.
PowderMed: UK
First investment: 2004 - Early Stage - Exited
Development of therapeutic DNA vaccines in the areas of chronic
viral diseases and cancer.
ReShape: US
First investment: 2005 - Seed
Concept-stage company developing a medical device based treatment
for obesity. (Previously known as Abdominis, Inc).
Rinat Neuroscience: US
First investment: 2003 - Early Stage - Exited
Developing proteins for the treatment of diseases and disorders
of the nervous system.
Sadra Medical: US
First investment: 2003 - Seed
A company developing a medical device for the percutaneous replacement
of aortic valves.
Sapphire Therapeutics: US
First investment: 2004 - Early Stage
Developing compounds for treatment of oncologic and metabolic diseases.
(Formerly known as Rejuvenon).
Socios Mayores en Salud: US
First investment: 2006 - Expansion
Puerto Rican managed care organization.
Spinal Kinetics: US
First investment: 2005 - Early Stage
Spinal Kinetics is a development stage company dedicated to providing
innovative, therapeutic devices for the treatment of degenerative
diseases of the spine.
Synarc: US
First investment: 2004 - Late Stage
Central Radiology service dedicated exclusively to clinical trials.
US Renal Care: US
First investment: 2005 - Expansion
Operator of freestanding dialysis clinics in partnership with physicians.