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Cardioxyl primed for Phase IIa with $15 million funding

This article was originally published in Scrip

Executive Summary

Cardioxyl Pharmaceuticals, a clinical-stage US company developing novel therapeutics for cardiovascular disease based on its proprietary nitroxyl donor chemistry platform, has raised $15 million in venture financing to take its lead compound, CXL-1020, into a Phase IIa clinical trial.

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