Iconix Biosciences, gene expression co., raises $4M
Iconix Biosciences, a Mountain View, Calif. gene expression profiling provider, has received $4 million in seventh round of funding from a research and licensing pact with Eli Lilly & Co., according to VentureWire (sub required):
Through the agreement with Lilly, Iconix may raise an additional $2 million through the deal whereby Lilly has access to Iconix’s data set, DrugMatrix, to test for a drug’s toxicity mechanism.
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