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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......

Full article >>> hat will allow drug companies to develop novel compounds."

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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Source:wistechnology.com By Joe Vanden Plas 09/06/06


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