Tuesday, January 17, 2017
Evotec and MaRS Innovation have announced the launch of Fibrocor Therapeutics, a Toronto-based company focused on developing first-in-class therapeutics targeting fibrotic diseases. The company was launched with CDN $2.8 million (approx. $ 2.1 million) financing, which includes cash from MaRS Innovation. Evotec will provide all drug discovery activities and will also receive an equity stake.