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NEW YORK (GenomeWeb) – Western University researcher Shawn Li has launched a new biotech firm, Precision Proteomics, to commercialize phosphoproteomics technology developed in his lab.

The company recently completed a C$1 million (US$760,000) funding round led by Canadian life science investment firms Sino Western Bridge and Novatio Ventures. In addition to funding, these companies are providing Precision Proteomics with guidance and management, Peng Fu, Novatio's founder and CEO, told GenomeWeb this week.

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