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Atara Biotherapeutics angles for $92M, but jobs are scarce

By   /   Friday, August 29th, 2014  /   Comments Off

Atara is among a new breed of “virtual” biotech startups. Such firms operate with barebones staff and outsource research and manufacturing operations to contract organizations. They are becoming increasingly common as investors seek to mitigate the huge risks of bringing drugs to market, a process that can cost as much as $1.8 billion, according to industry estimates.

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