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BioRelix Records Venture Capital Debt Investment

Friday, March 23, 2012 5:30:00 AM PDT | VentureDeal Staff

   New Haven, Connecticut  --  Biotechnology company BioRelix has received $2.5 million in venture capital debt, according to an SEC regulatory filing.

BioRelix is developing antibiotics that target pathogens resistant to currently available drugs.

Investors in the financing were not disclosed, was how the company intends to use the funding proceeds.

BioRelix is backed by a large syndicate of venture capital and corporate investors.

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