
Hyperglycemia drug developer raises $25 million to advance pipeline
A biotechnology company developing a long-acting drug and insulin to treat hyperglycemia in people with type 1 and type 2 diabetes, and a treatment for hypertension has raised $25 million in a series B financing round. The investment for the Malvern, Pennsylvania-based PhaseBio Pharmaceuticals came from established investors that include Johnson & Johnson Development Corporation, […]