Nuclea Biotechnologies Lands $3,400,000 New Funding
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cdaca9bc-ace9-4bb6-99c6-670a2332138a&Preview=1 -
Date
10/22/2009 -
Company Name
Nuclea Biotechnologies -
Mailing Address
105 South Street Pittsfield, MA 01201 -
Company Description
Nuclea Biotechnologies’ primary mission is to conduct genomic research in the oncology field so as to discover biomarkers and gene or protein expression profiles that are unique to oncologic diseases. Nuclea Biotechnologies seeks to harness this knowledge to develop clinically validated molecular diagnostic and pharmacogenomic products and services that can be used, among other things, to provide clinically useful information on the likelihood of recurrence and metastasis of cancer, as well as to predict the likelihood that a patient will respond to a cancer therapy. Nuclea utilizes a translational medicine-based approach, which allows the conversion of laboratory results into new ways of diagnosing and treating patients. This approach entails using tumor biopsies and associated clinical data to link specific genes and proteins to the characteristics of specific cancers. Information obtained from preliminary human studies can be used to refine understanding of the biological principles -
Website
http://www.nucleabiomarkers.com -
Transaction Type
Venture Equity -
Transaction Amount
$3,400,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
Proceeds purposes were not disclosed. -
M&A Terms
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Venture Investor
Undisclosed
