Alentis Therapeutics Raises US$105M in Series C Funding
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Three months after Alentis Therapeutics’ lead program posted positive Phase 1 data, the biotech has raised cash to advance that program to mid-stage testing in fibrosis. The Series C financing will also support a cancer drug candidate ready to start human testing.
An onslaught of common childhood viruses may have been behind the mysterious outbreak of cases of severe liver damage in children that began popping up in late 2021, as lockdowns were relaxed and schools reopened.
Last year, the World Health Organisation (WHO) reported 1,010 probable cases of liver disease worldwide - now researchers are trying to find the potential link between hepatitis and other common viruses.
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