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Biolex Raises $10 Million Venture Capital Investment

Monday, March 1, 2010 5:52:00 AM PDT | VentureDeal Staff
Pittsboro, North Carolina  --  Biotechnology startup company Biolex has garnered $10 million in a new round of institutional venture capital investment.

Biolex says that it is developing and commercializing proprietary "advanced protein expression technology for the development of human therapeutics."

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

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