Biotech Co. founded by UCLA Scientists to be acquired by Astellas, P...(dustry relations. UCLAs premier scientis...)

Date:11/27/2007

dustry relations. UCLAs premier scientists represent the new scientists of the 21st century. They act not only as scientists to create new knowledge, they also work as entrepreneurs to assure that breakthrough technology moves toward product development.

According to Belldegrun, the acquisition of Agensys by Astellas Pharma is a promising example of what can be done when entrepreneurial efforts by UCLA medical faculty are encouraged to blossom.

Venture capital investments in Agensys have come from premier groups such as Orbimed Associates, Alta Partners, Bear Sterns Health Innoventures, JAFCO, H&Q Healthcare, Duquesne Capital Management Co. and HBM Bioventures.

'/>"/>

Contact: Rachel Champeau rchampeau@mednet.ucla.edu 310-794-0777 University of California - Los Angeles Source:Eurekalert

0 GOOD

Page: 1 2 3
Related biology news :

1. How the public perceives biotech
2. Monsanto expands sponsorship for Peking-Yale Joint Agrobiotechnology Center
3. UK scientists working to help cut ID theft
4. Scientists show that mitochondrial DNA variants are linked to risk factors for type 2 diabetes
5. Comet probes reveal evidence of origin of life, scientists claim
6. Scientists link fragile X tremor/ataxia syndrome to binding protein in RNA
7. Male elephants get photo IDs from scientists
8. Scientists retrace evolution with first atomic structure of an ancient protein
9. Muscle mass: Scientists identify novel mode of transcriptional regulation during myogenesis
10. Carnegie Mellon scientists develop nanogels that enable controlled delivery of carbohydrate drugs
11. Clemson scientists shed light on molecules in living cells