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Financings Roundup

AbbVie and Angels: Avaxia Closes $11M Series B for IBD

By Jennifer Boggs
Managing Editor

Friday, June 7, 2013
With data from the first clinical trial of anti-TNF polyclonal antibody AVX-470 in ulcerative colitis (UC) due toward the end of this year, Avaxia Biologics Inc. shored up its balance sheet with an additional $5 million, bringing its total Series B funding to $11.4 million.

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