SOURCE: Insera Therapeutics Inc.

June 30, 2008 08:00 ET

Insera Therapeutics Wins Award at LifeScienceFest 2008

SACRAMENTO, CA--(Marketwire - June 30, 2008) - LifeScienceFest 2008 is pleased to announce that Insera Therapeutics, a Sacramento-based early-stage medical device company, received the 'Runner-Up' award for 'Most Promising Company' at the recent Venture Capital Conference held in Davis, CA.

The panel of judges included over a dozen Venture Capitalists, Angel Investors and leading biotech industry executives who ranked the life science startups based on several stringent evaluation criteria ranging from overall investment appeal to strength of management team to the sustainable business advantage of the product. The content-packed conference featured one day of Venture Summit and a second day featuring industry leading panels.

"LifeScienceFest 2008 is a showcase of the latest innovation from biotech, medical device and diagnostics disciplines of the life science industry, and the annual event is a must-attend for these innovative companies and the top investors in the field," said Gopan Madathil, President, TechCoire. "This award recognizes Insera Therapeutics as a life-science company with tremendous potential and one that should be on the watch-list for investors."

"This conference was a terrific opportunity for entrepreneurs, investors and industry experts to exchange views on current trends in this dynamic industry," said Chuck Farman, a corporate partner in the Sacramento office of Morrison & Foerster.

"LifeScienceFest accepted over 46 applications from early to mid stage life science entrepreneurs from biotech, therapeutic and medical devices, diagnostics and bio-informatics to present to top-tier investors at this conference," said Vikram Janardhan, CEO, Insera Therapeutics. "This award is a validation of our fierce commitment to be the most competitive and innovative provider of cures for neurovascular diseases."

LifeScienceFest 2008 is a part of the Investorfest® series of events produced by TechCoire, the leading organization of technology entrepreneurs and executives from Northern California. For the past eight years, TechCoire has developed and hosted leading-edge programs and events focused on helping early stage entrepreneurs.

Insera Therapeutics is a Sacramento, CA-based medical device company developing cutting-edge products for the prevention and treatment of stroke. Insera is seeking seed investment of $1.3M to complete animal testing, refine the product prototype and prepare for regulatory approval in US & Europe.

Contact Information

  • Contact:
    Gerald Voegele
    Insera Therapeutics Inc.
    1560 Arcola Avenue
    Sacramento, CA 95835
    Tel 916-849-0945
    Fax 916-515-0090
    www.inseratherapeutics.com