BioCentury
ARTICLE | Finance

MD Anderson’s blooms

With $31M launch of Magnolia, MD Anderson continues ramping up company creation

August 17, 2018 9:53 PM UTC

The recent launch of Magnolia Neurosciences Corp. with a $31 million series A round is the latest example of a broader effort by the University of Texas MD Anderson Cancer Center to ramp up company creation.

MD Anderson and biotech incubator Accelerator Life Science Partners co-founded Magnolia, which emerged from stealth on Aug. 13...