Affymax
Executive Summary
Palo Alto, California-based company nets $ 26 mil. through a private placement of stock with institutional investors in the U.S., Japan and Europe. Proceeds will be used for product research and development. Affymax, founded by Alza founder Alejandro Zaffaroni in 1988, is developing its VLSIPS technology to synthesize and evaluate novel compounds for possible pharmaceutical applications.
Palo Alto, California-based company nets $ 26 mil. through a
private placement of stock with institutional investors in the
U.S., Japan and Europe. Proceeds will be used for product research
and development. Affymax, founded by Alza founder Alejandro
Zaffaroni in 1988, is developing its VLSIPS technology to
synthesize and evaluate novel compounds for possible pharmaceutical
applications. |