Alliance nets $15 million investment

Alliance Pharmaceutical has completed a previously announced round of private-placement financing, generating proceeds of $15.1 million. The San Diego-based vendor said it would use the investment to seek final Food and Drug Administration approval for its Imavist ultrasound contrast agent, continue clinical development of its Oxygent intravascular oxygen carrier, and for working capital.

By AuntMinnie.com staff writers
December 3, 2001

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Alliance closes in on Imavist clearance, August 20, 2001

Nycomed Amersham expands ultrasound efforts as Mallinckrodt exits sector, August 6, 2001

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