According to partner, Chris Christoffersen, "The truly game-changing opportunities we see tend to be early stage. OncoMed Pharmaceuticals, for example, offers so much potential as a new approach to cancer treatment that it has attracted a $1.4 billion deal from GlaxoSmithKline, which we think is the largest pre-clinical biotech licensing deal to date."
About Morgenthaler Ventures
Morgenthaler Ventures is a leading, national venture capital team with offices in Menlo Park, CA; Boston, MA; and Boulder, CO. It concentrates its investments in life sciences and information technology. Morgenthaler's Life Science Team focuses on biotechnology and medical devices. Recent investments include: Ardian, Avidia, Cabochon, CardioMind, Catalyst Biosciences, Emphasys, ForSight Labs, IPC The Hospitalist Company, Morphotek, Moximed, OncoMed Pharmaceuticals, Optiscan, Orexigen, Promedior, Satiety, Vertiflex and XTENT.
Morgenthaler's IT Team focuses on Internet, mobile, software and clean tech investments. Recent investments include BlueArc, Brion, Cortina, imeem, JasperSoft, Netli, NexTag, Nominum, Overture Networks, Peregrine Semiconductor, Unity Semiconductors and Voltage Security. The firm has approximately $2.6 billion under management and has funded more than 300 companies over its 40-year history. For more information on Morgenthaler and its portfolio companies, please visit: http://www.morgenthaler.com/ventures.
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