Date: Jun 01, 2012 Author: press release Source: evaluategroup.com (
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Source Press Release
Company VM Discovery
Tags Demerger
Date June 01, 2012
VM Discovery, Inc., announced that the Company has spun out the second of its novel assets, a novel ion channel blocker program to another newly formed drug development focused legal entity, VM Therapeutics. The latter just closed $8M private venture funding from a group of US-based venture investors. The transaction was closed with legal advice from Cooley LLP