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Swiss biotech Genkyotex funds proof-of-concept diabetic nephropathy trial
Cash for NOX
-- Stephen Hansen
Published on
Monday, July 9, 2012
Cash for NOX
Genkyotex S.A.'s CHF25 million ($26.3 million) series C round
extension may be the last financing the biotech needs if everything goes to
plan. The cash will get the company's lead program through Phase II testing in
diabetic nephropathy and, potentially, to an exit.
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