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Andromeda gets $17.5 million injection for DiaPep277 trial

This article was originally published in Scrip

Executive Summary

Andromeda Biotech can push ahead with Phase III development of DiaPep277, its novel diabetes therapy licensed to Teva Pharmaceutical Industries, after Teva and Andromeda's parent company, Clal Biotechnology Industries (CBI), together agreed to invest a further $17.5 million in the Israeli company.



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