FDAnews Drug Daily Bulletin

D-PHARM RAISES US$10 MILLION IN A PRIVATE FINANCING ROUND

May 16, 2006
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D-Pharm Ltd. announced today that it has raised US$10 million in a private round of financing. The round was led by Clal Biotechnology Industries, Israel Healthcare Ventures and Pitango Venture Capital. Some of the company's existing investors: Care Capital, Gemini, Polar Communications and others joined the round. PR Newswire (http://www.prnewswire.co.uk/cgi/news/release?id=170845)