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Arcion Nets $8 Million Venture Capital Debt

Thursday, February 04, 2010 5:31:00 AM PDT | VentureDeal Staff

Baltimore, Maryland  --  Biotechnology company Arcion Therapeutics has secured $8 million in a new round of venture debt financing.

Arcion is developing targeted treatments for diabetic neuropathy, post-herpetic neuralgia and other forms of moderate and severe pain.

Investors in the debt financing round were not disclosed, nor was how the company intends to use the funding proceeds.

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