Cerulean seeks funding for nanoparticle-based drug

09/7/2010 | Xconomy

Cerulean Pharma hopes to secure money in a new funding round to further develop CRLX101, a nanoparticle-based drug designed to treat solid tumors such as lung cancer, CEO Oliver Fetzer said. Fetzer added that the Cambridge, Mass.-based company has started recruiting patients in a Phase IIa trial after the drug performed well in a preliminary study.

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