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Taris Biomedical

Description

Provider of minimally-invasive drug-device convergence products for bladder diseases. The company develops lidocaine-releasing intravesical system (LiRIS), a non-resorbable system whose primary mode of action is the controlled release of lidocaine in the bladder.

2008

Founded

PRIVATE

Status

11-50

Employees

Later Stage VC

Latest Deal Type

$32M

Latest Deal Amount

$77.7M

Total Amount Raised

Description

Provider of minimally-invasive drug-device convergence products for bladder diseases. The company develops lidocaine-releasing intravesical system (LiRIS), a non-resorbable system whose primary mode of action is the controlled release of lidocaine in the bladder.

Website:

www.tarisbiomedical.com

Formerly Known As

Certus Biomedical

Ownership Status

Privately held (backing)

Financing Status

Venture Capital-Backed

Primary Industry

Drug Delivery

Other Industries

Therapeutic Devices

Primary Office

113 Hartwell Avenue Lexington, MA 02421United States +1 (781) 676-7750
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Taris Biomedical Valuation and Funding

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Deal TypeDateAmountRaised to DatePost-ValStatusStage

Taris Biomedical Cap Table

Stock# of Shares
Authorized
Par ValueDividend Rate (%)Original
Issue Price
LiquidationLiquidation
Pref. Multiple
Conversion
Price
% Owned

Taris Biomedical Investors (6)

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Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
Seat
Contact
Info
Flagship VenturesVenture CapitalMinority000 0000000 0000
Flybridge Capital PartnersVenture CapitalMinority000 0000000 0000
Foundation Medical ManagementCorporate Venture CapitalMinority000 0000000 0000
Polaris PartnersVenture CapitalMinority000 0000000 0000
RA Capital ManagementPE/BuyoutMinority000 0000000 0000
Flagship Ventures Venture Capital
Flybridge Capital Partners Venture Capital
Foundation Medical Management Corporate Venture Capital
Polaris Partners Venture Capital
RA Capital Management PE/Buyout

Taris Biomedical Executive Team (7)

NameTitleBoard
Seat
Contact
Info
Purnanand Sarma Ph.DPresident, Chief Executive Officer & Board Member
Cheryl Larrivee-ElkinsChief Technology Officer & Senior Vice President, Product Development and Regulatory Affairs
Dennis Giesing Ph.DChief Scientific Officer
Christopher SearcySenior Vice President, Corporate Development, Chief Business Officer
Christopher Cutie MDVice President, Clinical Development & Physician in Residence
Purnanand Sarma Ph.D President, Chief Executive Officer & Board Member
Cheryl Larrivee-Elkins Chief Technology Officer & Senior Vice President, Product Development and Regulatory Affairs
Dennis Giesing Ph.D Chief Scientific Officer
Christopher Searcy Senior Vice President, Corporate Development, Chief Business Officer
Christopher Cutie MD Vice President, Clinical Development & Physician in Residence

Taris Biomedical Board Members (9)

NameRepresentingRoleSinceContact
Info
Cary Pfeffer MDThird Rock VenturesBoard Member000 0000
Dennis Ausiello MDSelfBoard Member000 0000
Edwin Kania Jr.Flagship VenturesBoard Member000 0000
Kevin Bitterman Ph.DPolaris PartnersBoard Member000 0000
Kevin FinneySelfBoard Member000 0000
Cary Pfeffer MD Board Member Third Rock Ventures
Dennis Ausiello MD Board Member Self
Edwin Kania Jr. Board Member Flagship Ventures
Kevin Bitterman Ph.D Board Member Polaris Partners
Kevin Finney Board Member Self
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