Cerenis gets 2.5M euros from French govt

16 February 2009

Toulouse, France-based Cerenis Therapeutics, a privately-held pharmaceutical company, says it has received a 2.5 million-euro ($3.3  million) investment to finance the ongoing clinical development of its  portfolio of high-density lipoprotein-related products for the treatment  of cardiovascular and metabolic diseases. The funds were granted by  OSEO, a French public holding company that provides financial support to  promising domestic companies.

The financing will support continued development of the company's  CER-001 program (recombinant HDL).

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