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Cebix Clears Venture Capital Debt Financing

Monday, March 12, 2012 5:55:00 AM PDT | VentureDeal Staff
   La Jolla, California  --  Biotechnology company Cebix has received $8.8 million in venture capital debt, according to an SEC regulatory filing.

Cebix is developing treatments for type I diabetic neuropathy.




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

Cebix is still seeking approximately $200,000 in additional financing according to the filing.

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