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14th September 2018

Archangels leads £1.3m fund raise for MGB Biopharma

A novel anti-bacterial agent which has been developed in Scotland by MGB Biopharma for the treatment of Clostridium difficile infections, is to enter Phase II clinical trials following a newly-completed £1.3m fund raise from existing and new investors, supplementing a £2.7m grant awarded earlier this year by Innovate UK.

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