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Cardioxyl Pharma Nets $15 Million In VC Funding

Tuesday, August 03, 2010 5:51:00 AM PDT | VentureDeal Staff

Chapel Hill, North Carolina  --  Cardioxyl Pharmaceuticals has secured $15 million in its latest venture capital financing round.

Cardioxyl is developing new classes of therapeutic agents for the treatment of acute decompensated heart failure.

Investors in the round were Aurora Funds and New Enterprise Associates. The company is going to continue trials for its lead candidate CXL-1020.

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