News | News By Subject | News by Disease News By Date | Search News
Get Our FREE
Industry eNewsletter
email:    
   

Genizon BioSciences Inc. Secures $12 Million; Company To Conduct Additional Whole-Genome Association Studies Generating Novel Drug Targets


3/29/2006 11:03:41 AM

MONTREAL--(CCNMatthews - Mar 29, 2006) -Genizon BioSciences today announced it has closed a $12.4 million first tranche of a secured convertible debenture financing. "This additional funding allows the company to substantially add to its inventory of GeneMaps and drug targets directly implicated in common diseases," said John Hooper, Ph.D., president and CEO of Genizon. "The assets to be generated with this funding can be rapidly taken downstream to develop valuable new drugs and diagnostics."


Read at CCNMatthews


comments powered by Disqus
   

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES