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NEW YORK (GenomeWeb) – Goldfinch Bio announced its launch today with $55 million in Series A financing from Third Rock Ventures.

The firm said that it will use a patient database to collect and integrate genomic and phenotypic data to inform drug development. "Goldfinch will focus on actionable targets for intervention and develop precision therapies for genetically stratified patient groups," the firm noted in a statement, adding it would initially go after orphan indications with a known genetic component, such as focal segmental glomerulosclerosis and polycystic kidney disease.

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