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Avaxia Biologics Closes Series B Venture Capital

Friday, June 07, 2013 5:35:00 AM PDT | VentureDeal

   Lexington, Massachusetts  --  Biotechnology company Avaxia Biologics has secured $11.4 million in its second round of venture capital investment.

Avaxia is developing oral antibody products for diseases that can be treated through the mouth and the gastrointestinal tract.

A large syndicate of angel groups made the investment.

The company will use the proceeds to advance the clinical development of its treatment for inflammatory bowel disease, AVX-470.

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