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Alimera Sciences gets $30M for eye-disease
drug
Venture Beat
March 18, 2008
Alimera Sciences gets $30M for eye-disease drug – Alimera Sciences,
an Alpharetta, Ga., drug developer with a focus on eye disease,
raised $30 million in a third funding round. The company will now
take a majority stake in its drug for diabetic macular edema, a
vision-degrading complication of diabetes, which Alimera is developing
with its partner pSividia. Alimera is presumably still contemplating
an IPO this fall. All five of the company’s existing VC backers
participated in the round: Scale Venture Partners, Domain Associates,
Intersouth Partners, Polaris Venture Partners and Venrock Associates.
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