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BioWorld - Tuesday, November 12, 2024
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» Adel raises ₩17B in series B bridge round for Alzheimer’s therapy
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Adel raises ₩17B in series B bridge round for Alzheimer’s therapy
Aug. 7, 2024
By
Marian (YoonJee) Chu
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Seoul, South Korea-based Adel Inc. raised ₩17 billion (US$12.39 million) in bridge financing to advance its pipeline of Alzheimer’s disease therapies, including its tau antibody-based ADEL-Y01 candidate, currently in a U.S.-based phase I study.
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