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Peloton Therapeutics Completes $18 Million Series A Financing
Date:7/27/2011

0; It is also the root of platoon, a nimble military unit with capabilities that exceed the sum of its component parts.  Founded by Chairman of Biochemistry Steven L. McKnight of UT Southwestern Medical Center, Peloton Therapeutics represents a unique combination of innovative science, strong financial support from the Cancer Prevention Research Institute of Texas (CPRIT), and seasoned investors and management.  Working in close collaboration with scientists at UT Southwestern, Peloton is advancing a promising discovery and development pipeline, comprised of several small molecule-based programs, each with a distinct target and mechanism of action.  Peloton's vision is to become a major biotech company in Dallas with a passion for discovering and developing novel cancer drugs. For more information, please visit www.pelotontherapeutics.com.

About UT Southwestern Medical Center

One of the premier academic medical centers in the nation, UT Southwestern integrates pioneering biomedical research with exceptional clinical care and education. UT Southwestern physicians provide care to more than 100,000 hospitalized patients and oversee nearly 2 million outpatient visits a year. Its three degree-granting institutions train nearly 4,400 students, residents and fellows each year, and its researchers undertake more than 3,500 research projects annually, totaling almost $417 million in federal, state and private support. For information, visit www.utsouthwestern.edu

Contact:

Jane Green, for Peloton Therapeutics
415.348.0010 phone
415.652.4819 cell
jane@jmgcomm.com


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SOURCE Peloton Therapeutics, Inc.
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