Deerfield to fund new R&D venture with Washington University

17 January 2024

Washington University in Missouri, USA, has joined forces with the life sciences investment company Deerfield Management to launch a new R&D venture.

VeritaScience will work on the discovery, clinical development and commercialization of promising therapeutic and diagnostic candidates, using up to around $130 million from Deerfield over the next decade.

The New York-based group will also contribute functional expertise, with Washington University's investigators able to work with the company’s drug development experts.

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