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Mar 24, 2014
 |  BioCentury  |  Finance

Quick turn

How Atlas repackaged Saniona assets and set up an exit path within a year
Quick turn

In less than a year, Atlas has set up a potential exit for Ataxion Inc. via a $17 million tranched series A round that will fund the company through completion of a Phase I study of an undisclosed program. At that point, new investor Biogen Idec Inc. (NASDAQ:BIIB) can exercise an option to acquire the ataxia company.

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