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Investments

Jan. 27, 2004

Drug Company Novacea Secures $35 Million Influx

The money continues to flow into drug company Novacea Inc., and Silicon Valley lawyer Alan Mendelson couldn't be happier. Novacea has secured $35 million in third-round financing, which will advance the company's development of cancer treatments. The company's lead drug is under clinical evaluation for treating prostate cancer and lung cancer.

By Toni Vranjes
        The money continues to flow into drug company Novacea Inc., and Silicon Valley lawyer Alan Mendelson couldn't be happier.
        Novacea has secured $35 million in third-round financing, which will advance the company's development of cancer treatments. The company's lead drug is under clinical evaluation for treating prost...

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