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Locteron Developer Biolex Liquidates; $35M in the Red

By Catherine Shaffer
Staff Writer

Wednesday, July 11, 2012
Biolex Therapeutics Inc., of Pittsboro, N.C., filed for bankruptcy liquidation, according to its partner OctoPlus N.V. The company aimed to make a better interferon for hepatitis C virus (HCV), and to that end burned through $185 million in venture capital since it was founded in 1997.

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