Article: Safeguard Scientifics Leads $17.4 Million Series B Financing for Quinnova Pharmaceuticals.

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WAYNE, Pa. -- Safeguard Scientifics, Inc. (NYSE:SFE), a holding company that builds value in growth-stage life sciences and technology companies, today announced it led a $17.4 million Series B financing round for Quinnova Pharmaceuticals, Inc., with participation from existing investors Thomas, McNerney & Partners and H.I.G. BioVentures. Quinnova will use the proceeds to fund a Phase III clinical trial for an NDA product, expand its sales and marketing capabilities, facilitate the company's other NDA and medical device clinical trials, and fund ...

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