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Seragon picks up Aragon's SERD assets in breast cancer after J&J acquisition
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Seragon: Succeeding Aragon
Monday, January 13, 2014
Pharmaceuticals Inc. is picking up where its predecessor Aragon
Pharmaceuticals Inc. left off after Johnson
& Johnson acquired the company for its androgen receptor
antagonists. The Aragon spinout raised $30 million in a series A round last
October and is using the funds to develop oral small molecules that both block
estrogen receptors and induce their degradation.
The company said it will
initially focus on advancing its Selective Estrogen Receptor Degraders (SERDs)
program in ER-positive metastatic breast cancer patients who have failed
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