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0 -0.00167785234899331 -0.000838926174496597 -7.71812080536306E-05 -0.00335570469798651 -0.000500000000000027 -0.00651006711409393 0.000838926174496716
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A startup that’s trying to develop better cancer drugs by taking movies raised $63 million [The Business Insider]

FOUNDATION MEDICINE (FMI) 
Last foundation medicine earnings: 5/2 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.foundationmedicine.com
A startup that’s trying to develop better cancer drugs by taking movies raised $63 million Relay Therapeutics CEO Sanjiv Patel Relay Therapeutics A startup that wants to find new treatments for cancer by looking at the way proteins move just raised $63 million. Relay Therapeutics, a company that got its start in 2016, is using computation tools to capture movies that show proteins while they're moving. Proteins, especially those that are mutated, play a critical role in conditions like cancer. The hope is that by looking at how the proteins move in their "natural state" — as opposed to just looking at the way the protein is structured in a static moment — the company will be able to find cancer treatments that have otherwise been elusive. The latest funding round was led by BVF Partners, with new investors GV (formerly Google Ventures) and Bill Maris's Section 32, joining as well. Existing investors Third Rock Ventures and Alexandria Venture Investments also invested as part o Show less Read more
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