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Flagship Pioneering, which conceives of and launches biotech companies, has formed ProFound Therapeutics with an initial backing of $75 million.ProFound says it will identify new protein-based drug targets among tens of thousands of previously unlogged proteins that its technology has uncovered. The Human Genome Project had an overly constrained definition of a protein, according to ProFound. By expanding what it looked for, the company says, it has identified many more proteins that could be therapeutic targets.
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