Montgomery Medical Ventures Ii

Montgomery Medical Ventures II acquired the equivalent of a 23.2% stake in Alameda, Calif.-based Hana Biologics Inc., according to a filing with the Securities and Exchange Commission. Montgomery Medical, a venture capital fund created to make investments, bought 60,000 series A preferred shares that are convertible into about 1 million common shares. A warrant to buy 16.7 common shares was granted to Montgomery Medical for each preferred share it purchased.

Two institutional investors--Montgomery Medical Ventures L.P. of San Francisco and Allstate Insurance--have attained substantial ownership positions in Tokos Medical Corp. as a result of Tokos' Aug. 31 acquisition of Physiologic Diagnostic Services. Santa Ana-based Tokos said Tuesday that Montgomery's 32% ownership of PDS has been converted into a 6.7% interest, or 968,800 of its shares, and Allstate's 29% ownership of PDS has been converted into a 5.1% interest, or 742,000 shares.

Two institutional investors--Montgomery Medical Ventures L.P. of San Francisco and Allstate Insurance--have attained substantial ownership positions in Tokos Medical Corp. as a result of Tokos' Aug. 31 acquisition of Physiologic Diagnostic Services. Santa Ana-based Tokos said Tuesday that Montgomery's 32% ownership of PDS has been converted into a 6.7% interest, or 968,800 of its shares, and Allstate's 29% ownership of PDS has been converted into a 5.1% interest, or 742,000 shares.

Montgomery Medical Ventures II acquired the equivalent of a 23.2% stake in Alameda, Calif.-based Hana Biologics Inc., according to a filing with the Securities and Exchange Commission. Montgomery Medical, a venture capital fund created to make investments, bought 60,000 series A preferred shares that are convertible into about 1 million common shares. A warrant to buy 16.7 common shares was granted to Montgomery Medical for each preferred share it purchased.

When Dad splatters his face with Paco Rabanne and Mom dabs a wrist with Chanel, junior can apply his own fragrant emblem of juvenile success--a personal cologne. In a world of designer baby clothes and pricey toys, a Laguna Hills company has embarked on a $15-million venture to market nationally a line of premium toiletries for children. Kids by William & Clarissa has developed premium-priced products ranging from a boy's and girl's cologne to lip balm and liquid soap.

When Dad splatters his face with Paco Rabanne and Mom dabs a wrist with Chanel, junior can now sport his own fragrant emblem of juvenile success--a cologne of his own. In a world of designer baby clothes and pricey toys, a Laguna Hills company has embarked on a $15-million venture to nationally sell a line of upscale toiletries for children. Kids William & Clarissa has developed 12 premium-priced products, among them a boy's and girl's cologne, lip balm and liquid soap.