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The Murdocks promised Fakhrai that if NovaRx's clinical trial data were good, they would fund his efforts to go after a host of other cancers, including cancers of the brain and pancreas. FORBES: Magazine Article - 2.
Fakhrai spent more than a year trying to scare up funding and was so grateful to the Murdocks that he agreed to give them a 60% stake in NovaRx, and he welcomed Justin, 35, aboard as chief executive. FORBES: Magazine Article - 3.
The early promise of unlimited cash from the Murdocks looks less definite at a time when backers consider cancer vaccines, which attracted a lot of money over the past decade, "dead as an investment, " in the words of Ivor Royston, an immunologist and a partner at San Diego venture capital firm Forward Ventures. FORBES: Magazine Article
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