Morrisville biotech plans to accelerate hiring with $25M raise


A biotech in Morrisville has raised $25 million to facilitate the company's growth after hitting record revenue and margins in 2022.

The company, Metabolon, began raising money last year and recently closed on the equity round, the proceeds of which will support the company's commercial as well as research and development activities. The capital could also place the company on a path toward reaching profitability over the next couple of years.

Metabolon was founded in the Triangle more than 20…

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