Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f45a285a-3005-47b2-baaa-8a4e15318d27&Preview=1
Date 1/1/2013
Company Name Ignyta
Mailing Address 11575 Sorrento Valley Road San Diego, CA 92121
Company Description Ignyta, Inc. is a scientifically driven biotechnology company catalyzing personalized medicine in autoimmune diseases. Our goals are to revolutionize the quality of biomarkers and tests available to rheumatologists and patients to help them make better informed, more individualized treatment decisions; and to identify truly novel autoimmune disease targets for biopharmaceutical companies to enable the development of precise therapies for patients worldwide.
Proceeds Purposes The company plans to use proceeds of its current round in 2013 to begin clinical studies to confirm its molecular based assay for diagnosing RA at its earliest, most-treatable stages.