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Tengion

Latest Headlines

Latest Headlines

Medtronic invests $7M in Tengion

Medtronic has invested $7 million in Tengion, an East Norriton, PA-based regenerative medicine company. The move gives the medical device giant a 17 percent stake in the company, which last year

Tengion IPO brings in $30M

Tengion has raised $30 million in an IPO, falling short of the $40 million the company had hoped to raise . Shares priced at $5; the company was hoping to hit the $8 to $10 range. Tengion is the

Tengion braves a chilly market with $41M IPO

Back in December, when Tengion first sallied forth with its plan to raise about $40 million from an IPO , analysts were making encouraging noises about the market potential for new drug developers.

Tengion blueprints $40M IPO

Tengion is joining the ranks of biotech companies planning to start the New Year with an IPO. The developer outlined plans to raise $40.25 million from the sale of common stock. The money would be

Tengion raises $21M for second close of Series C

The doom and gloom talk, though, doesn't mean that the money spigot is closed. Tengion announced today that it raised $21 million in a second close of its Series C. But its CEO says its success at

Emerging Drug Developer: Tengion

Emerging Drug Developer: Tengion While most emerging biotech companies are consumed by the demands of clinical trials, Tengion built a

Biomarker company gains $25M in fresh backing

Rules-Based Medicine, which is hot in pursuit of new biomarkers, has received a $25 million injection of cash. Part of that money is coming from real estate billionaire Sam Zell, who is putting his