Applied Proteomics Snags $22.5M in Funding; Aims to Optimize Mass Spec-Based Biomarker Discovery | GenomeWeb

By Adam Bonislawski

Protein biomarker firm Applied Proteomics said this week that it has raised $22.5 million in a Series B financing round, moved its corporate headquarters to San Diego, and appointed as CEO former Predictive Biosciences CEO Peter Klemm.

The company will use the funding to identify diagnostically useful protein biomarkers via its mass spec-based discovery platform, with an initial focus on markers for oncology, cardiology, and emergency room care, Klemm told ProteoMonitor.

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