Oncologic and Triton merge to become Aduro Biotech
US early-stage cancer therapy firms Oncologic and Triton have merged to become Aduro Biotech. The new company will be privately held and headquartered at the former Oncologic facility in Berkeley, California. Aduro has also completed a series A financing round, but financial details were not disclosed. Its focus will be on creating non-invasive, low side effect treatments for various cancers using its iron-oxide nano-particles.
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