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Financings in Brief: Hepatix

This article was originally published in The Gray Sheet

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Executive Summary

Hepatix: Additional $3 mil. investment is secured from current shareholders including Chase Venture Capital Associates, Alta Partners and Woodland/Essex, the firm reports. Funds will be used for animal testing of the firm's ELAD extracorporeal liver assist device. The privately held company recently received state approval for its San Diego manufacturing facility, paving the way for production of the devices for use in human clinical trials. Studies in humans are anticipated to begin in late 1998, according to the firm...

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

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