VentureWire

October 29, 2007 by admin  
Filed under Media Reports, Media Reports 2007


Aussie CRO Novotech Raises Round For Asian Expansion

Australian contract research organization Novotech Pty. has raised A$8 million ($7.3 million) in its first round of venture financing as it looks to expand into Asia.

BioPacific Ventures of New Zealand and Co-Investor Capital Partners of Australia provided the funding. Alex Safarian, president of the company, said that Novotech has a post-money valuation of about A$30 million.

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Aussie CRO Novotech Raises Round For Asian Expansion - VentureWire - 29/10/07

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