The corporate venturing units of three healthcare companies have joined a consortium investing in the $45m series A round of Effector Therapeutics, a US-based biopharmaceutical company named after the eponymous molecule that selectively binds to a protein and regulates its biological activity. Novartis Venture Funds, GlaxoSmithKline’s SR One and Astellas Venture Management joined with venture capital (VC)…
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