Presage Biosciences secures investment from Takeda; no terms disclosed
Privately held Presage Biosciences on Thursday said it has secured an investment from Japan’s largest drugmaker Takeda Pharmaceutical (TYO: 4502) without disclosing any terms.
The company focussed on cancer research said it has been working in collaboration with the Takeda for the past three years to identify and develop new drug combinations by utilizing its handheld microinjection device called CIVO, technology.
Graeme Martin, chief executive of Takeda Ventures, said: “Presage’s CIVO technology holds promise to better translate preclinical discoveries to patients, particularly in the field of novel cancer drug combinations.”
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