Microcide Spinoff Gains $12.5 Million Funding

Dec 21, 1998

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MOUNTAIN VIEW, Calif.-- Microcide Pharmaceuticals here has formed Iconix Pharmaceuti cals, a chemical genetics company aimed at extending the company's microbial genomics research into a broader technology platform. The new entity has acquired a $12.5 million venture investment from Abingworth Management, Institutional Venture Partners, and Kleiner Perkins Caufield & Byers.

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