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Business in brief

Paratek Pharmaceuticals raises $40m in first round

October 26, 2007

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Paratek Pharmaceuticals Inc. said it has closed the first round of a $40 million private financing. The Boston company is engaged in the discovery and commercialization of new therapeutics that treat serious diseases, with a focus on the growing worldwide problem of antibiotic resistance. The funds will be used primarily to advance programs to develop broad spectrum antibiotics, ... (Full article: 699 words)

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