News and Trends 15 Jun 2015
GSK’s undercover incubator baked three new Biotechs
The partnership between GlaxoSmithKline and Avalon Ventures launched three early-stage life science companies. Adrenergics, CadheRx Therapeutics and Calporta Therapeutics will each receive up to €8.9M in a Series A financing, aside from support from their two godfathers. Three new companies were launched today as a result of Avalon’s fruitful collaboration with GSK. The partnership, which […]