Immune Targeting Systems (ITS) Ltd. Concludes a Series-A Funding Round of GBP 3.5M (EUR 5.2M)  
7/16/2007 11:29:47 AM

LONDON--(BUSINESS WIRE)--Immune Targeting Systems (ITS) Limited (“ITS”), the company developing synthetic vaccines for mutating viruses, today announced it had closed its series-A equity funding round for £3.5m (€5.2m, $7.0m). This is ITS’s first significant funding round with major Global life science and specialist investors which included the Novartis Venture Fund (US & Basel); Truffle Capital (France); HealthCap (Sweden); and the London Technology Fund (UK) The London Development Agency will also be contributing an Exceptional Development Project award of £500,000 (€0.74m, $1.0m) under the Grant for Research and Development scheme.