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Biotech talent drew venture-funded firm to Madison

Madison, Wis. - Madison's ability to build a community of life science tool developers was a key reason why an Illinois biotechnology company chose to relocate here as part of a $5.85 million venture financing deal led by Baird Venture Partners.

The company, Caden Biosciences, will move ......

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The company's platform technology provides a method of screening that allows researchers to more precisely read the signaling of cell pathways. Cellular signals are sent to G-protein coupled receptors, or GPRCs, which serve as the antenna on each cell and regulate a range of internal cellular fun......

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Caden Biosciences is the second biotechnology company to be lured to Madison from the Chicago area. Last year, Clonex Development moved here with the help of a state loan.


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'"/> By Joe Vanden Plas 09/06/06

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