Monthly Archives: April 2016

BioFactura Closes Oversubscribed $1.8M Series A Funding led by Chairman of the Board Dr. Jeffrey Hausfeld

BioFactura announced today the closing of a $1.8M Series A round of financing. Healthy investor interest drove significant oversubscription of the original $1.5M target. The funds will be used to advance a portfolio of generic biologics, known as biosimilars, to the advanced preclinical stages. Chief Executive Officer and President, Darryl Sampey founded BioFactura in 2004 as … Continue reading

April 26, 2016 Press Releases

Frederick biotech company gets praise to go with funding

From:  Frederick News-Post
By Nancy Lavin 07APR2016

The city of Frederick is putting its money where its mouth is in supporting the growing biotech industry. The Board of Aldermen on Thursday approved a $10,000 loan for BioFactura to support the company’s relocation and expansion. The city contribution will work in conjunction with a recently announced $50,000 loan from the Maryland Department of Commerce… Continue reading

April 7, 2016 In The News