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LifeArc

Pfizer Spin Off Lands $103M to Develop New Drugs for Undeserved Patient Populations

by Fred Pennic 09/27/2017 Leave a Comment

SpringWorks Therapeutics Pfizer Spin Off Lands $103M to Develop New Drugs for Undeserved Patient Populations

SpringWorks Therapeutics, a new Pfizer spin-off launched as a way to advance investigational drug therapies that may hold significant promise for underserved patients has raised $103 million in funding in Series A funding. The Series A round was led by Bain Capital Life Sciences, Bain Capital Double Impact, OrbiMed, Pfizer and LifeArc (formerly known as MRC Technology). SpringWorks Therapeutics’ collaborative business model is designed to deliver both social and financial returns via
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