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BioAtla Bags $30 Million Development Funding

Monday, June 15, 2015 5:30:00 AM PDT | VentureDeal

   San Diego, California  --  Biotechnology company BioAtla has received $30 million in development investment.

BioAtla says that it aims to "solve critical protein development challenges and produce novel, IP-protectable products."

Investors in the financing were not disclosed.

BioAtla will use the proceeds to accelerate the development of its CAB antibody drug pipeline.

The company was founded by Chairman and CEO Jay Short, previously of SG Biofuels and Biotech Investment Group.

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