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Pervasis broadens to cancer therapeutics, eyes new financings

Thu, 01/20/2011 - 12:40pm
Mass High Tech: The Journal of New England Technology

Pervasis Therapeutics Inc. of Cambridge said it is expanding into oncology and considering additional financing from either a corporate partner or the venture capital community.

The company, which has focused on endothelial cell-based therapies for vascular surgeries or procedures, has entered into an exclusive patent license agreement with MIT so it can develop a novel, cell-based therapy to help prevent tumor growth and the spread of cancer cells.

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