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Aldeyra Therapeutics Announces $7.79 Million Private Placement

2015-01-13 22:38:51| Industrial Machines - Topix.net

Aldeyra Therapeutics, Inc. , a biotechnology company focused on the development of products to treat diseases related to free aldehydes, today announced that it has entered into a definitive purchase agreement to raise approximately $7.79 million in a private placement of common stock and warrants . Aldeyra plans to use the proceeds for its upcoming Phase 2 clinical trials in Sjogren-Larsson Syndrome and noninfectious anterior uveitis, working capital, and general corporate purposes.

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