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Angita Closes $46 Million Series B Extension for Musculoskeletal Disease Therapies

publication date: Oct 26, 2023

Angitia Biopharmaceuticals, a Guangzhou and Woodland Hills, CA company, closed a $46 million Series B extension for its breakthrough therapies that address unmet needs in patients with serious musculoskeletal diseases. Amgitia’s lead drug is AGA111, which is currently in a China Phase III trial to improve results of lumbar interbody fusions for degenerative disc disease. Altogether, the company has now raised $170 million. The funding was led by Morningside Group and included 3H Health Investment, OrbiMed, Yonghua Capital, Legend Capital, Oriza Holdings and Elikon Venture. More details....

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