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Alexza to raise $16M, and seeks partners to develop inhalable anti-agitation loxapine

This article was originally published in Scrip

Executive Summary

Alexza Pharmaceuticals, which is focusing on products for the acute treatment of CNS conditions, has entered into an agreement with three institutional investors to raise about $16.1 million in a direct offering, with net proceeds in the range of $15.8 million.

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