Tuesday, December 20, 2011

ALS drug developer Neuraltus raises $9.6M toward $11M goal

Neuraltus Pharmaceuticals Inc., the Palo Alto developer of an experimental treatment for Lou Gehrig’s disease, has raised $9.6 million toward an $11.1 million offering, the company said Tuesday in a Securities and Exchange Commission filing.
Seven investors have ponied up for the round in the form of equity, option/warrants and preferred stock with warrants.

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