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Financings NEWS
Although the amounts are shrinking, biotechs are still seeking to squeeze through the initial public offering (IPO) window. After three filings last week in the hunt for a combined raise of $174 million, Angion Biomedica Corp. registered Monday with the SEC seeking up to $35 million, including overallotments.
Regado Biosciences Inc. aims to fuel with $60 million in fresh funding the phase III trial begun last year, testing the anticoagulant REG1 in patients undergoing percutaneous coronary intervention (PCI).

Buoyed by unexpectedly early signs of robust clinical efficacy for its lead protide cancer drug Acelarin (NUC-1031), Nucana Biomed Ltd. raised $57 million in a series B round to accelerate its development and to advance several others into the clinic.

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