OncoNano Medicine, Inc. today announced positive results from a preclinical study of ONM-501, a novel dual-activating polyvalent STING (STimulator of INterferon Genes) agonist for immuno-oncology applications. The data, presented at the American Association for Cancer Research (AACR) Annual Meeting 2022, demonstrate the efficacy and tolerability of ONM-501 in animal models for multiple tumor types. ONM-501 is formulated with the core OncoNano OMNITM polymer technology consisting of STING-activating pH-sensitive micelles loaded with an endogenous agonist...(read more).
OncoNano Announces Positive Preclinical Data for Tumor Specific Delivery with the ON-BOARD Platform at AACR 2022 Annual Meeting
OncoNano Medicine, Inc. today announced positive results from the company’s ON-BOARD™ pH-sensitive nanoparticle platform. The data, presented at the American Association for Cancer Research (AACR) Annual Meeting 2022, demonstrate that the clinically validated ON-BOARD™ platform has the potential to be a universal tool for tumor-specific activation and the efficient delivery of proteins for an improved therapeutic index.
“Our ON-BOARD micelle platform is designed to efficiently carry a broad range of payloads to the tumor microenvironment. Capable of being tuned to deliver either small molecules or biologics, the ON-BOARD platform has the potential to be a universal tool for targeted delivery of therapeutics to a range of cancers,” said Tian Zhao, Ph.D., Vice President of Research & Development for OncoNano Medicine, Inc...(read more).
Salem Partners, LLC (“Salem”) is pleased to announce a successful closing of a $50 million programmatic equity joint venture on November 19th, 2021. The joint venture was structured between Salem’s client, Guardian Yards (“Guardian” or the “Company”) and a West Coast / Los Angeles based private equity firm focused on opportunistic commercial real estate investing. The goal of the joint venture will be to acquire land sites to develop high-performing Industrial Outdoor Storage (“IOS”) | Industrial Service Facilities (“ISF”) real estate properties across the major California markets....(read more)
Hubbell Incorporated, (NYSE: HUBB) $8.62B, manufacturer of electronic, industrial, and utility products to solve business challenges, has acquired Armorcast Products Company (“Armorcast”). In coming together, Armorcast’s strong customer base and diverse product line helps Hubbell’s west coast expansion and entry into new market opportunities.
Salem Partners has enjoyed a long-standing relationship with the Boghossian family, 2nd generation owners of Armorcast...(read more)
Salem announces successful completion of programmatic joint-venture in real estate / Multifamily sector
LOS ANGELES, CA -- Salem Partners is pleased to announce the successful completion of a programmatic joint-venture in the real estate / multifamily sector for its client, Grand Peaks Properties, Inc. (“GPP”). The joint-venture is between GPP and a global family office with the objective to aggregate $1 billion of multifamily assets. GPP is a vertically-integrated, national operator... (read more)
LOS ANGELES, CA - The Honolulu City Council has approved a $700 million, 36-story mixed-use tower across from the Convention Center to be developed by Los Angeles-based Salem Partners. Located at the intersection of Kapiolani Boulevard and Atkinson Drive, Mana`olana Place is the first approved project in the city’s newly adopted Ala Moana transit-oriented district and is expected to be a catalyst for further investment in the area. The iconic tower’s 505,000 square feet will house a 125-room ultra-luxury hotel.... (read more)
HONOLULU, HI - Walgreens’ Hawaii flagship store in Honolulu won this year’s highest level of recognition in the retail store design category of the International Council of Shopping Centers’ awards competition for U.S. design and development... (read more)
ATLANTA, GA - December 14, 2015 --- Femasys Inc., a developer of innovative medical devices for the women’s healthcare market today announced the appointment of Todd A. Creech as Chief Financial Officer. Mr. Creech will serve as Femasys’ principal financial and... (read more)
HONOLULU, HI - Walgreens has sold its flagship Hawaii store across from Ala Moana Center in Honolulu, along with the adjacent Heald College Building on Kapiolani Boulevard, to Los Angeles-based investment bank and wealth management firm Salem Partners for a total of $73.5 million...(read more)
TULSA, OK – Pryer Aerospace (“Pryer”), a manufacturer of aerospace components and assemblies with facilities in Tulsa and Claremore, OK, today announced today that Tulsa Capital Partners (“TCP”)... (read more)
Dallas/Fort Worth, TX (July 23, 2015) — Neos Therapeutics, Inc. (“Neos” or “the Company”) today announced the pricing of its initial public offering of 4,800,000 shares of common stock at an initial public offering price of $15.00 per share. In addition, Neos has granted the underwriters a 30-day option to purchase up to an additional 720,000 shares of common stock at the initial public offering... (read more)
ATLANTA, July 9, 2015 /PRNewswire/ -- Femasys Inc., a developer of innovative medical devices for the women's healthcare market, announced today that it has secured a term loan facility from Silicon Valley Bank. Under the loan facility, the company ... (read more)
After bringing in one of the top venture capital investments during first quarter 2015, Neos Therapeutics has filed for an initial public offering. The Grand Prairie-based company, which develops medication for Attention Deficit/Hyperactivity Disorder, filed Friday to trade on the Nasdaq under ticker symbol NEOS. It has a place holder value... (read more)
LOS ANGELES, Calif., June 10, 2015 (LA TIMES) -- Robert Redford's Sundance Cinemas is putting itself up for sale. Sundance Cinemas said in a statement that it has hired the investment bank Salem Partners to find a buyer for the small L.A.-based theater chain. Sundance Cinemas is part of several entities overseen by Redford... (read more)
ZS Pharma Submits New Drug Application to U.S. Food and Drug Administration for ZS-9 for the Treatment of Hyperkalemia
REDWOOD CITY, Calif., May 26, 2015 (GLOBE NEWSWIRE) -- ZS Pharma, Inc. (Nasdaq:ZSPH), a biopharmaceutical company focused on the development and commercialization of highly selective, non-absorbed drugs to treat renal, cardiovascular, liver and metabolic disorders, today announced that it has submitted a New Drug Application (NDA) to... (read more)
Atlanta, GA -April 29, 2015 - Femasys Inc., a developer of innovative medical devices for the women's healthcare market has raised a $10.2 million financing round. The investor group was led by Legacy Capital Partners and Mario Family Partners, the family offices of... (read more)
Salem Partners Advises PAVe (ProPark & Parkit Enterprises) in $500 million Parking Acquisitions Joint-Venture
LOS ANGELES, CA, April 22, 2015 -- Salem Partners is pleased to announce the completion of a $500 million programmatic joint-venture in the real estate / parking sector for its client, Parking Acquisition Venture (PAVe). PAVe is a partnership between Propark America and Parkit and... (read more)
CHESTERFIELD, Mich., Dec. 10, 2014 /PRNewswire/ -- The Burtek Group ("Burtek") has acquired Process Fab, Inc. ("PFI") based inSanta Fe Springs, CA. The combination of Votaw Precision Technologies, Inc. ("Votaw") and PFI under the Burtek portfolio, brings together two of the best spaceflight and aerospace suppliers in the industry and creates a... (read more)
DALLAS, Texas, JACKSONVILLE, Florida, and SAVANNAH, Tennessee, October 15, 2014 - Trive Capital ("Trive"), the Dallas-based private equity firm, is proud to announce its investments in Merlin RAMCo, LLC ("Merlin") and ISR Group LLC ("ISR"). Headquartered in Jacksonville, Florida, Merlin is a leading... (read more)
Gardena, CA (October 7, 2014) Impresa Aerospace, a leading supplier to the commercial and military aerospace industries, announced today that it has been acquired by a private equity fund managed by Twin Haven... (read more)
Millennium Entertainment, the distribution arm of Avi Lerner's Nu Image, officially went up for sale back in April 2013. Now there is a deal from within after entities like Luc Besson's EuropaCorp kicked the tires: The Millennium Entertainment management team led by CEO Bill Lee and private investment firm Virgo Investment Group are... (read more)
Private equity-backed Valence Technologies has acquired Pride Plating, Dynamic Paint Solutions and Coastline Metal Finishing. Pride, headquartered in Tulsa, Oklahoma, provides processing and sub-assembly for large aluminum and titanium structures, specifically for aircrafts... (read more)
Salem Partners LLC, a boutique investment bank and wealth management firm, announced the addition of real estate veterans Jeff Barcy and Sean Lenz to its team in April. The pair hailed from Cantor Fitzgerald & Co., where Barcy ran the national real estate investment banking practice. Barcy recently spoke with SNL about his new position and his plans to focus on raising private... (read more)
COPPELL, Texas, July 8, 2014 (GLOBE NEWSWIRE) -- ZS Pharma, a biopharmaceutical company developing novel treatments for kidney, cardiovascular, liver and metabolic disorders, announced today that it has received Notices of Allowance from the U.S. Patent and Trademark...(read more)