Bio IT Raises $7.8M in First-Round Financing, Plans to Advance Drug Discovery Efforts

Sep 24, 2001

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Bio Information Technologies (Bio IT), a computational drug discovery company based in Ramat Gan, Israel, recently raised $7.8 million in its first round of financing.

Investors included OrbiMed Advisors, Yozma, and Fred Frank, the vice chairman of Lehman Brothers.

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