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MicuRx Raises $25 Million to Fund US-China Antibiotic Development

publication date: Aug 22, 2013
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MicuRx Pharmaceuticals, a San Francisco-Shanghai antibiotics company, raised $25 million in Series B financing. The round was led by BVCF (formerly BioVeda) and joined by previous investors Morningside Group and Devon Park Bioventures. The proceeds will be used to fund the US-China development of MRX-I, which has completed a Phase I clinical trial in China. MRX-1 is a novel oral oxazolidinone antibiotic that targets drug-resistant infections. More details....

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