Biotech SF: Entelos

Tuesday, January 31, 2012

Entelos adds senior management

Entelos Holding Corp. said Tuesday it has hired Mark Hovde as vice president of sales and marketing and Will Frederick as CFO.
The San Mateo-based company provides in silico modeling and simulation products and services that help pharmaceutical and consumer product companies make informed decisions in their product development process.

Thursday, January 12, 2012

Entelos completes recapitalization, raises funds

Entelos Holding Corp. said Wednesday it has completed a recapitalization and raised an undisclosed amount of funding.
The San Mateo-based firm said it provides in silico modeling and simulation products and services, which enable pharmaceutical and consumer product companies to make informed decisions in the product development process.
The funding was led by Santa Monica-based private investment firm Clearlake Capital Group LP, and included participation from existing investor, New York-based private investment firm Imperium Partners Group LLC.

Some of my favorite stories.

• "The fight of his life" (2007)

Last year Mike Homer helped raise the money for 2,000 medical research computers. Now researchers are using that equipment in an attempt to save his life.

• "For reporter, CJD is more than a story" (2007)

Seven years ago -- nearly to the day -- my mother died of Creutzfeld-Jakob Disease.

• "A son's YouTube plea for Avastin" (2010)

Josh Turnage is your typical teenager, trying to discover what he wants to do in college and with his life. But a 7-minute, 41-second YouTube video he produced about his mother's fight with breast cancer may thrust him into a debate between drug makers and the agency that regulates them.

• "New device could knock out old dialysis technology" (2011)

Shuvo Roy has all the makings for the world's first implantable artificial kidney, thanks to nanotechnology and a web of nationwide collaborations.

All he needs now is $20 million.