Harris & Harris Group Portfolio Company, Accelerator Corporation, Launches Lodo Therapeutics Corporation
NEW YORK, Jan. 11, 2016 (GLOBE NEWSWIRE) -- Harris & Harris Group, Inc. (NASDAQ:TINY), an investor in transformative companies enabled by disruptive science, notes the announcement by its portfolio company, Accelerator Corporation, of the launch Lodo Therapeutics Corporation. Lodo Therapeutics was formed to develop novel therapeutics derived from the company’s metagenomics-based small molecule discovery platform. Lodo’s co-founders are Sean Brady, Ph.D., a researcher who has contributed to the discovery, biosynthesis and characterization of new, genetically-encoded small molecules from microbial sources, and David Pompliano, Ph.D., a researcher who has extensive experience in the discovery and early development of anti-infective and oncology drugs within both large pharmaceutical companies and small biotechnology firms.
Under Accelerator’s investment and operations management model, the early operations of Lodo Therapeutics will be overseen by Accelerator’s core management team. Accelerator’s announcement can be viewed at http://finance.yahoo.com/news/accelerator-corporation-launches-lodo-therapeutics-120000138.html.
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Harris & Harris Group is a publicly traded venture capital firm that is also a business development company. Detailed information about Harris & Harris Group and its holdings can be found on its website at www.HHVC.com, on Facebook at www.facebook.com/harrisharrisvc and by following on Twitter @harrisandharrisgroup.
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Press Contact: Daniel B. Wolfe Harris & Harris Group, Inc. 212-582-0900
Released January 11, 2016