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Phylogica specialises in the development of cell penetrating peptides, with a focus on developing novel therapies to treat eye diseases.

Phylogica to raise $27m

Biotech company Phylogica has announced plans to raise $26.8 million through a rights issue, fully underwritten by chairman and major shareholder Alan Tribe, with the proceeds used primarily to fund preclinicial studies for its leading drug molecule.

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Phylogica (PYC)

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