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Westwood-based Pelage Pharmaceuticals Inc., a clinical-stage regenerative medicine company pioneering a new generation of treatments for hair loss, recently announced that it had closed a $16.8 million series A financing round led by Mountain View-based Google Ventures.
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Regenerative medicine startup Pelage Pharmaceuticals has clinical data showing its small molecule activated hair follicle stem cells. GV led a Series A round that funded the UCLA spinout’s Phase 1 clinical trial and will also support Phase 2 testing this year.