Astion Pharma increases capital

9 July 2006

Copenhagen, Denmark-based Astion Pharma, a company focused on developing therapeutic products for the treatment of skin diseases, has increased its capital base by 50.0 million Danish kroner ($8.4 million) to strengthen its development activities. The fresh capital was provided by existing shareholders, noted the firm, which added that it has three development projects in Phase II clinical studies.

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