Thursday, May 14, 2015

NantBiosciences Raises $100M

Los Angeles-based NantBiosciences, one of the group of companies created by billionaire entrepreneur Patrick Soon-Shiong, has raised $100M in funding, according to a regulatory filing by the company. Source and details of that funding have yet to be announced. The filing indicates a single investor put that $100M into the company. NantWorks has said that NantBiosciences is working on discovering knowledge on the protein level, using personalized medicine to develop drugs. More information »