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Aldea Pharmaceuticals announces closure of $24M Series B equity financing Aldea Pharmaceuticals.
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Aldea Pharmaceuticals announces closure of $24M Series B equity financing Aldea Pharmaceuticals.

The funding will be utilized to advance Aldea's lead drug candidate, AD-6626, into clinical trials, including evaluating proof-of-concept for the treatment of subjects with acute alcohol intoxication and financing subsequent Phase 2 trials of intravenous AD-6626 within an er setting. Furthermore, Aldea is learning oral AD-6626 for the treatment of subjects with the rare genetic disease Fanconi anemia, and anticipates the funding will support a Phase 1/2 proof-of-biology study in that indication. Related StoriesUCSF-led researchers map out melanoma's genetic trajectoriesMoffitt Cancers Center study finds hyperlink between common gene mutations and tumor immune surveillanceFlorida Institute finalizes financing agreement with Genetic NetworksEvery yr, millions of Americans are admitted to the ER as a complete consequence of clinically significant acute alcoholic beverages intoxication, and an estimated 10 to 15 % of ER visits are associated with alcohol intake.They also found that embryos with this uneven distribution of chromosomes were much more likely to attended from patients who experienced a failed IVF treatment during the past, suggesting treatment failure might have been because of aneuploidy. Surprisingly, about 50 percent of ladies had this genetic variant, and that rate is certainly consistent across populations fairly, McCoy said. Whether it’s therefore damaging to reproduction, why does it often appear therefore? Why isn’t it chosen against? One possible description is that having lower odds for an effective pregnancy might have promoted long-term bonding between ancient men and women, increasing their investment in the ongoing health insurance and safety of each child. These children will be much more likely to survive and also have their own children also, the researchers said.