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Financings Roundup

FANG Bites Off $24M Series B; Gradalis Ovarian Trial Advance

By Randy Osborne
Staff Writer

Wednesday, January 2, 2013
Investor enthusiasm for Gradalis Inc.'s autologous vaccine platform, Furin-ANd-GMCSF (FANG), boosted what began as a $10 million or so Series B round to an amount more than twice that much, and the firm will use the $24 million to move the Phase II ovarian cancer therapy along while expanding manufacturing capabilities.

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