EPIX forges ahead with Bessemer backing

AuntMinnie.com staff writers
Dec 20, 2000

Bessemer Venture Partners III announced that it will sell only 130,000 shares of EPIX Medical, an MRI contrast agent developer. Based in Cambridge MA, EPIX main product currently under development is MS-325.

The original form filed with the Securities and Exchange Commission stated that Bessemer was planning to divest itself completely from EPIX, but the venture capital firm will retain 1,395,520 shares, EPIX said.

By AuntMinnie.com staff writers
December 21, 2000

Copyright © 2000 AuntMinnie.com

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