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Ocugen Raises $7.5M for Clinical Development of Ocular Diseases Pipeline

Eye disorders biopharma Ocugen raised $7.5 million in a Series B round of fundraising to support development of its clinical and preclinical pipeline of treatments for sight-threatening diseases. The financing was led by Turkish pharma firm Abdi Ibrahim and Kazakhstan-based JSC Lancaster Group. Current investors Frank Leo and Dr. John Zhang also participated. Ocugen closed a $6 million Series A round of fundraising in December 2016.

Full story via Genetic Engineering & Biotechnology News



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