Foundation raises $25m, taps Borisy as CEO

April 15, 2010 07:53 AM E-mail| |Comments ()| Text size +

foundation415.jpgFoundation Medicine said it has completed a $25 million Series A financing led by Third Rock Ventures, a Boston venture capital firm.

Cambridge-based Foundation Medicine also noted that local biotech industry veteran Alexis Borisy is serving as its founding chief executive.

In a press release, Foundation described itself as a personalized cancer medicine company that aims to bring comprehensive cancer genome analysis into routine clinical care.

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