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Chiasma Adds $4 Million Venture Capital Debt

Thursday, March 10, 2011 5:36:00 AM PDT | VentureDeal Staff

Newton Center, Massachusetts  --  Biotechnology company Chiasma has secured an additional $4 million in venture capital debt, according to an SEC regulatory filing.

Chiasma has developed technology that enables drugs to be administered into the bloodstream without need for an injection.

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

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