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Aragon Pharma Raises $22 Million Series B

Monday, April 26, 2010 5:36:00 AM PDT | VentureDeal Staff

San Diego, California  --  In its second institutional venture capital funding round, Aragon Pharmaceuticals raised $22 million.

Aragon is developing selective androgen receptor degraders and selective estrogen receptor degrade as for the treatment of prostate and breast cancers.

Aisling Capital led the round, which also included The Column Group and OrbiMed.  The company said it would use the funding proceeds to advance its lead candidates into clinical trials.

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