
Cambridge-based Ligon Discovery Raises $1M in Seed Funding
Harvard University Spinout is Pursuing Drugs for Intractable Disease Targets
Cambridge, Massachusetts, November 19, 2009 – Ligon Discovery, Inc., which uses proprietary small molecule microarray technology to find drugs against high-value targets, today announced that it has raised $1M in seed financing led by incTANK Ventures. The company will use the capital to complete its initial discovery campaign that will screen over 100 high-value disease protein targets. With this investment, incTANK Ventures General Partner Christian Bailey joins the board...click below for full press release.