This leaves them on 18 with 23 needed to former a majority administration. A major blow was the loss of deputy leader Lian Pate in Brunshaw ward who was the leading candidate to take over the Labour group leadership when current party and council boss Cllr Mark Townsend stands down to become Mayor of the borough later this month. Labour also lost Gawthorpe ward to the Conservatives, Trinity ward to the Greens and Coal Clough and Deerplay to the Liberal Democrats. It was a good election for the Green Party as their representation on the council rose from two to five with wins in Brunshaw for Andy Wight, Scott Cunliffe in Cliviger with Worsthorne, and Martin Hurt in Trinity ward.
Neomorph, Inc., a San Diego, CA-based biotechnology company, raised $109m in Series A financing.
The company intends to use the funds to further develop its platform, advance lead programs, and expand the research team.
Deerfield Management Company established Neomorph earlier this year with scientific founders Phil Chamberlain, DPhil; Eric Fischer, PhD; Benjamin Ebert, MD, PhD; and Scott Armstrong, MD, PhD.
The company is building a protein degradation entity, focused on “molecular glue” degraders. Targeted protein degradation offers opportunities to develop novel therapeutics across a broad range of disease areas, including oncology.
Led by Dr. Chamberlain as President and Chief Scientific Officer, the company has recruited:
socaltech.com
San Diego-based
Neomorph, a biotech startup focused on protein degradation, said today that it has raised $109M in a Series A funding. The funding came from Deerfield Management. The company said its targeted protein degradation technology is aimed at developing novel therapeutics across a broad range of disease areas, including oncology. The company s scientific founders are Phil Chamberlain, DPhil; Eric Fischer, PhD; Benjamin Ebert, MD, PhD; and Scott Armstrong, MD, PhD. The company said it will use the Series A funding to further develop its platform, advance lead programs, and expand the research team.