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Cleave raises $42M in staged Series A for protein homeostasis to treat cancer

 
• By Nancy Faigen

A new US cancer therapy company, Cleave Biosciences, with labs in Burlingame, California, has come out of stealth mode and announced that it has raised $42 million in a Series A financing to develop small molecule therapeutics targeting protein homeostasis to treat cancer – a relatively underexplored area in terms of the way to attack cancer.

A new US cancer therapy company, Cleave Biosciences, with labs in Burlingame, California, has come out of stealth mode and announced that it has raised $42 million in a Series A financing to develop small molecule therapeutics targeting protein homeostasis to treat cancer – a relatively underexplored area in terms of the way to attack cancer.

The venture groups include US Venture Partners, 5AM Ventures, Clarus Ventures, OrbiMed Advisors and Astellas Venture Management

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