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Achaogen Closes $56 Million Venture Capital Funding

Friday, April 09, 2010 5:28:00 AM PDT | VentureDeal Staff

South San Francisco, California  --  Biotechnology company Achaogen has raised $56 million in its third round of institutional venture capital investment.

Achaogen is developing a pipeline of life-saving antibiotics, including a lead candidate for multi-drug-resistant bacterial infections.

Frazier Healthcare Ventures led the round, which included numerous top-tier venture capital firms.

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