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BioCrossroads Invests in Innovative Biotech Targeting Challenging Diseases
Date:12/23/2010

demands arduous treatments for up to nine months.  Aarden's drug has the potential to address current challenges – offering a shorter treatment duration and a stronger, more efficacious treatment.

Along with its TB therapeutic platform, Aarden is also making progress in research efforts in cancer (e.g. leukemia) and autoimmune diseases (e.g. rheumatoid arthritis and lupus).  The company's cancer and autoimmune programs are currently in pre-clinical testing.

"BioCrossroads' continuing support has value even beyond this important financial commitment.  Certainly, this investment from the BioCrossroads Seed Fund will help us accelerate the progress of our TB program," said Aarden CEO Gary Noonan.  "It's a testament to our science and team that we are now part of the group of high caliber start ups that BioCrossroads has funded."

About BioCrossroads

BioCrossroads (www.biocrossroads.com) is Indiana's initiative to grow, advance and invest in the life sciences, a publicprivate collaboration that supports the region's existing research and corporate strengths while encouraging new business development.  BioCrossroads provides money and support to life sciences businesses, launches new life sciences enterprises (Indiana Health Information Exchange, Fairbanks Institute for Healthy Communities, BioCrossroadsLINX, and Datalys Center), expands collaboration and partnerships among Indiana's life science institutions, promotes science education and markets Indiana's life sciences industry.

About the Indiana Seed Fund I

The $6 million, returndriven Indiana Seed Fund was launched in June 2005 and is managed by BioCrossroads with funding from BioCrossroads, the Ind
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SOURCE BioCrossroads
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