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Johnson & Johnson to Lead Delix Therapeutics $85M Series C

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Sig2.75Sen+2.40Env0.00Soc+1.60Gov+0.40

Johnson & Johnson will lead Delix Therapeutics’ $85M Series C as the startup advances zalsupindole (DLX-001) for major depressive disorder. Delix reported positive Phase Ib results and said the FDA cleared its Phase II study design with at-home dosing options. The funding is expected to support further development and includes a right of first negotiation after Phase II data.

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