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Proteolix closes $45 M financing.

Chemical Business Newsbase

| May 31, 2006 | COPYRIGHT 2000 Elsevier Engineering Information, Inc. (Hide copyright information)Copyright

(From Chemical Business NewsBase - Press Release)

Proteolix Inc announced the completion of a $45 M Series B financing. The new capital will be used to expand the company's on-going clinical trials of the novel proteasome inhibitor PR-171 in cancer and support the development of its pipeline. The financing was led by Delphi Ventures. Also …

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