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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Press Contact: Daniel B. Wolfe Harris & Harris Group, Inc. 212-582-0900
Source:Harris & Harris Group