MDV hires pros to find personalized medicine investments
Mohr Davidow Ventures, a Menlo Park, Calif. firm, has hired two biotech experts to help it make prudent investments in personalized healthcare companies. Essentially, they will look for startups that apply technology to give patients more control over their medical experiences, and to cut costs… Continue Reading
Perlegen Scienes withdraws $115M IPO
Perlegen Sciences, a Mountain View, Calf. company that develops drugs based on genetic response, withdrew its plans to raise up to $115 million in an initial public offering.
The company cited market conditions, and also problems with a $1.3 million government contract.
A spin-out from public company… Continue Reading