SAN DIEGO, CA -- (MARKET WIRE) -- January 09, 2007 -- Althea Technologies, Inc., a leading provider of innovative technologies and services for pharmaceutical development and manufacturing, announced today that the company has secured a $23 million dollar Series C investment through private equity funds managed by Telegraph Hill Partners. A portion of the proceeds from the investment will be utilized to fund Althea’s aggressive expansion plans with the remainder reserved for general corporate and strategic purposes.
