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Theseus Pharmaceuticals has emerged from stealth with $100 million in series B financing from Foresite Capital and others. Theseus is based in Boston and founded by the former Ariad Pharmaceuticals chemists William Shakespeare and David Dalgarno. The company is developing small-molecule kinase inhibitors intended to retain their effectiveness even as cancer mutates. Theseus says its lead candidate, THE-630, was effective in preclinical trials against gastrointestinal stromal tumors.
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