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A.P. Pharma raises $53.6mn to give long-acting granisetron a second NDA shot

This article was originally published in Scrip

Executive Summary

A.P. Pharma is raising $53.6 million through a common stock offering to new and existing institutional investors to see if the second time is the charm for APF530, a reformulated 5-HT3 antagonist in development to treat delayed- and acute-onset chemotherapy-induced nausea and vomiting (CINV), which the company sees as a $900 million-per-year market.

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