http://www.xconomy.com/boston/2009/04/03/magen-biosciences-sold-for-145m-codon-devices-closing-doors/ Business + Technology in the Exponential Economy Sun, 22 Nov 2009 19:43:29 -0600 http://wordpress.org/?v=2.8.6 hourly 1 http://www.xconomy.com/boston/2009/04/03/magen-biosciences-sold-for-145m-codon-devices-closing-doors/comment-page-1/#comment-52862 Weekend Edition: News, Money and Drugs for April 4-5, 2009 | IguanaBio - A Daily Biotech and Pharma Tabloid - Gossip, News, Humor and Updates on the Latest Events in the Biotechnology and Pharmaceutical Industries Sun, 05 Apr 2009 23:52:02 +0000 http://www.xconomy.com/?p=19039#comment-52862 [...] Dermatology start-up Magen Biosciences sells itself for less than it raised in its first round. The company acquired dermatology assets from Lilly in 2007, but never really did anything. [Xconomy] [...] [...] Dermatology start-up Magen Biosciences sells itself for less than it raised in its first round. The company acquired dermatology assets from Lilly in 2007, but never really did anything. [Xconomy] [...]

]]> http://www.xconomy.com/boston/2009/04/03/magen-biosciences-sold-for-145m-codon-devices-closing-doors/comment-page-1/#comment-52774 vcdetractor Fri, 03 Apr 2009 19:46:50 +0000 http://www.xconomy.com/?p=19039#comment-52774 Do we need more proof that the VC model is broken? A 90% failure rate just doesn't cut it anymore. Do we need more proof that the VC model is broken?
A 90% failure rate just doesn’t cut it anymore.

]]>