Ferrokin brings in $8.4M for anemia treatment
Ferrokin Biosciences, a San Carlos Calif. company that makes compounds to treat iron overload in patients with anemia, received $8.4 million of what it hopes will be a $15 million first-round of funding from Clarus Ventures, Burrill & Co. and Celegene Inc.
Iron overload is a common side effect of repeated transfusions used to treat certain types of anemia. The company doesn’t have a website, and very little information on it is available.
Next Story: Twitter reports huge usage, no Fail Whales for Election Day
Previous Story: Web 2.0 Summit: Mary Meeker on how long the recession will last
About the Author, Camille Ricketts
Camille is the lead writer for GreenBeat. She came to VentureBeat from Google where she worked on its traditional platforms team, particularly in TV. Before that, she was a reporter for the Wall Street Journal in New York and London. Follow her on Twitter at @camillericketts, and follow VentureBeat on Twitter at @venturebeat.
With GreenBeat 2009, VentureBeat's all-star conference on all things Smart Grid, coming up in November, Camille will be expanding coverage of this exciting space. Stay up to date by following @greenbeat2009 on Twitter or by becoming a fan of the event on Facebook here.