Startup Team That Made a Bundle on Depression Drug Re-Boots with $65M
- Monday, May 9, 2016, 23:01
- Entrepreneurs
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A little biotech company off the beaten path in Evanston, Ill. struck gold last year. Naurex got acquired by Allergan for $560 million upfront, after releasing encouraging clinical trial results that suggested it had a potent new drug for depression that begins working within 24 hours.
http://www.forbes.com/sites/luketimmerman/2016/05/10/startup-team-that-made-a-bundle-on-depression-drug-re-boots-with-65m/