APR 2016

RiverVest Opens San Diego Office That’s Been 10 Years in the Making

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ST. LOUIS (April 7, 2016)

By: Bruce V. Bigelow
Source: Xconomy
Date: April 7, 2016

Xconomy San Diego – RiverVest Venture Partners has stayed mostly under the radar as a small-but-active investor in San Diego life sciences startups for the past 10 years or so.

After making investments in San Diego’s Cabrellis Pharmaceuticals and Conforma Therapeutics, the St. Louis, MO-based firm recruited Niall O’Donnell in 2006 to oversee the firm’s deals in San Diego.

 

O’Donnell, who was a Kauffman fellow and immunologist from Johnson & Johnson’s San Diego pharmaceutical R&D facility at the time, said his first deal came with the firm’s 2007 investment in Excaliard Pharmaceuticals, a Carlsbad, CA-based spinout from Ionis Pharmaceuticals (NASDAQ: IONS). Pfizer acquired Excaliard four years later at an undisclosed price.

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