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Abstract
With many biotech companies reaching for commercial success, it helps when the founding science comes from an unquestioned leader in the field. Such is the case with Ancora Pharmaceuticals (http://www.ancorapharma.com), founded in 2003 to develop a synthetic carbohydrate platform based on work licensed from MIT. In 2002, the company's scientific cofounder, Dr. Peter Seeberger, a world-class carbohydrate chemist then based at MIT, helped establish the company after winning an MIT-based entrepreneurial competition, setting in motion the foundation for the now 20 person company based in Medford, Massachusetts.
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