SEATTLE--(BUSINESS WIRE)--Accelerator Corporation, a privately held, venture capital backed biotechnology investment and development company, announced today the Series A Preferred Stock financing of Acylin Therapeutics, Inc. This is the eleventh company backed by Accelerator and its first investment in intellectual property developed by either Johns Hopkins University School of Medicine or The Wistar Institute, the co-owners of the underlying technology. Acylin is the first biotech company to successfully target the histone acetyltransferase (HAT) designated p300/CBP. HATs are a class of enzymes catalyzing protein acetylation and fundamental to the molecular pathology of cancer, metabolic disease, and neurodegeneration. The company has also licensed technology for inhibiting Ghrelin O-Acyl Transferase (GOAT), an enzyme directly linked to maintenance of energy balance and body composition, including GOAT family inhibitors that substantiate a pharmacologic approach for management of metabolic disorders through ghrelin regulation. The investors participating in the Series A investment in Acylin included Accelerator syndicate partners: Alexandria Real Estate Equities; Amgen Ventures; ARCH Venture Partners, Inc.; OVP Venture Partners; PPD, Inc.; and WRF Capital.
