New Company, Big Goal: Serial Entrepreneur Jonathan Lim Launches Erasca To 'Erase Cancer'

Lim, CEO of Ignyta when it was sold to Roche earlier this year, has moved on to the start-up Erasca with $42m in Series A venture cash to develop "precision oncology" drugs.

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Jonathan Lim's latest start-up Erasca was established this year to develop "precision oncology" drugs designed to erase cancer, but while the firm was able to entice venture capital investors with enough details to support a $42m Series A round, the former Ignyta Inc. CEO is declining to precisely describe the new company's small molecules until they move into clinical trials.

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