Biotech startup gets multimillion-dollar grant to treat bone cancer at new Austin lab

Molecular Templates Inc., fresh off a move to an expanded lab, has landed a $15.2 million grant to further its pipeline of cancer-fighting drugs. The award for the Austin biotechnology company was part of $93 million in funding announced Nov. 16 by the Cancer Prevention and Research Institute of Texas, a state agency that funds research and prevention efforts targeting the diseases. Jason Kim, the company's president and chief financial of ficer, told Austin Business Journal that Molecular Templates…
Source: bizjournals.com Health Care:Biotechnology headlines - Category: Biotechnology Authors: Source Type: news