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Spinout From Roche Italian Research Unit Raises EUR22M

By Cormac Sheridan

Wednesday, April 3, 2002
Italy’s first major biotechnology start-up of the year is a spinout from the Milan research unit of F. Hoffmann-La Roche Ltd. BioXell SpA, which was formed at the beginning of January, held a public launch last week and disclosed its first-round funding of EUR22 million (US$19.3 million). (BioWorld International)

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