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Spaltudaq Corp. raises $29 M
April 2007
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SEATTLEŚSpaltudaq Corp., a biotechnology company focused on the rapid discovery and development of therapeutic human monoclonal antibodies announced it has raised $29 million in a Series B financing. The financing was co-led by ARCH Venture Partners, Canaan Partners and Healthcare Ventures. Amgen Ventures, MPM Capital, and Alexandria Equities, LLC. also participated in the financing. Spaltudaq has developed novel technology that enables comprehensive screening and rescue of monoclonal human antibody drug candidates directly from living human B-lymphocyte cultures. The technology can be used to rapidly discover human antibodies to known, validated targets in infectious disease and cancer and, in addition, can be used to discover novel therapeutic antibody targets

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