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Announced

Completed

Global Health Investment Corporation and LTS Lohmann led a $17m Series A round in Mircron Biomedical.

Financials

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Transaction Value£14m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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biotechnology

health care

Completed

Venture Capital

Minority

Friendly

Biotechnology

Private

Acquisition

Domestic

biopharma

United States

Private Equity

Single Bidder

Synopsis

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Global Health Investment Corporation, an investment company, and LTS Lohmann, a pharmaceutical technology company, led a $17m Series A round in Mircron Biomedical, a biotechnology company, with participation from GRA Venture Fund and J2 Ventures. “Micron’s technology has the potential to change the way we administer many of today’s currently injected drugs and vaccines. We are deeply committed to bringing Micron’s MAP technology-based drug and vaccine products to market, improving access and having a positive impact on patients globally. This financing, and in particular our new investors, will help us to achieve our goals,” Steven Damon, Micron CEO.

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