Tech Company Financing Transactions
MEDiC Life Sciences Funding Round
On 10/15/2024, MEDiC Life Sciences landed $5 million in funding from Hanmi Pharm, LG Technology Venture and private investors.
Transaction Overview
Company Name
Announced On
10/15/2024
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Undisclosed
Investors
Hanmi Pharm (Lead Investor)
LG Technology Venture (Lead Investor)
Proceeds Purpose
The company intends to use the funds to accelerate the adoption of its cancer biomarker discovery technology, bolster business development, and advance drug discovery efforts.
Company Information
Company Status
Private & Independent
Industry
Life Sciences
Mailing Address
319 N. Bernardo Ave.
Mountain View, CA 94043
USA
Mountain View, CA 94043
USA
Phone
Undisclosed
Website
Email Address
Overview
MEDIC is a biotechnology company based in the San Francisco Bay Area that is developing a cancer drug target discovery platform. This innovative platform combines CRISPR functional genomics with patient tumor-like cancer models to identify potential targets for cancer drug development. By utilizing cutting-edge techniques and state-of-the-art technologies, MEDIC aims to accelerate the discovery of new cancer treatments that can help improve patient outcomes.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Kyuho Han
Chief Technical Officer
Hong-Pyo Lee
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