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Entrepreneurial pair launch yet another S.D. company: Ambrx Inc. lands $12.5m in first-round funding.

Publication: San Diego Business Journal
Publication Date: 29-SEP-03
Format: Online
Delivery: Immediate Online Access
Full Article Title: Entrepreneurial pair launch yet another S.D. company: Ambrx Inc. lands $12.5m in first-round funding.(Biotech)(Peter Schultz, John Diekman)

Article Excerpt
San Diego serial entrepreneur and chemist Peter Schultz, along with early-stage biotechnology backer 5 AM Ventures' managing partner John Diekman, have formed yet another biotech start-up in San Diego.

The company, Ambrx Inc., closed a $12.5 million first round of financing this month. For Schultz and Diekman, it is their sixth biotech start-up together.

The funding was raised by 5 AM Ventures of San Francisco, part of Bay City Ventures, and Travistock Life Sciences of San Diego.

The company's technology was developed by Schultz and licensed from the Scripps Research...

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