Aerovance Overview
Aerovance is a biopharmaceutical company focused on the development and commercialization of clinical-stage products for respiratory and allergic diseases. The company's goal is to build an integrated company, with acknowledged expertise in leveraging operational partnerships that include the discovery, development and commercialization of novel molecules. Aerovance’s lead programs are in...More»
Aerovance is a biopharmaceutical company focused on the development and commercialization of clinical-stage products for respiratory and allergic diseases. The company's goal is to build an integrated company, with acknowledged expertise in leveraging operational partnerships that include the discovery, development and commercialization of novel molecules. Aerovance’s lead programs are in development for the treatment of uncontrolled asthma and uncontrolled eczema. Other programs in the pipeline are for cystic fibrosis and chronic obstructive pulmonary disease.
Aerovance was spun off from Bayer Healthcare's biotechnology unit in August 2004 and has a proven executive team, experienced in the field of respiratory disease and biologics drug development. The company’s venture capital investors are Alta Partners, APAX Partners, Burrill & Company, Clarus Ventures, Lehman Brothers and NGN Capital.
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Key People
Management
- Mark Perry, President & Chief Executive Officer
- Richard Fuller, Executive Vice President, Research & Development
- David A. Happel, Executive Vice President, Chief Commercial Officer
- Robert W. Kuhn, Senior Vice President, Chief Technology Officer
- Anthony M. Rimac, Vice President, Chief Financial Officer
- Wolf-Dieter Busse, President/CEO
- Lisa Arai, Director of Clinical Operations
- Svetlana Gorina, Sr. Director of Corporate Development
- Robert Kuhn, CTO
- Michael Frantz, Finance
- Jeffrey Tepper, Sr. Director of Preclinical Development
- Anthony Rimac, CFO
- William Newell, President
- David Happel, Chief Commercial Officer
Funding
| Date | Type | Capital Amount | Post-Money Valuation | Investors |
|---|---|---|---|---|
| 03/27/2007 | Series C | 32M | Unknown | |
| 03/2008 | Debt | 20M | Unknown |
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Aerovance Secures $20 Million in Debt Financing
Apr 2, 2008 - 0 comments
VentureBeat: Aerovance takes on $20 million in debt
Apr 2, 2008 - 0 comments
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