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Novartis AG acquires CoStim Pharmaceuticals, Inc. for undisclosed amount


Monday, 17 Feb 2014 06:31am EST 

MPM Capital and Atlas Venture:Says portfolio company CoStim Pharmaceuticals, Inc. has been acquired by Novartis for an undisclosed amount.CoStim, founded in 2012 by MPM Managing Director Luke Evnin together with MPM Managing Director-Operations Robert Millman.Says MPM provided the initial capital to found CoStim, and later co-led the formal Series A investment in early 2013 with Atlas Venture.