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Convergence: Toning down pain

Convergence, a GlaxoSmithKline spinout, focused on chronic pain

Convergence Pharmaceuticals Ltd. believes its state-dependent ion channel inhibitors can provide effective analgesia for chronic pain without the side effects associated with tonic ion channel blockers. On the back of a L22.4 million ($35.4 million) series A round, the company plans to start a Phase II trial for its lead molecule this year.

Convergence was spun out of GlaxoSmithKline plc this month after the pharma decided in

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