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WellGen Raises $3M in Series B Financing

NEW YORK, Feb. 16 (GenomeWeb News) - WellGen closed a $3-million Series B funding round, the company said today.

 

The capital will be used to begin clinical studies in humans under its obesity and inflammation programs, said the company in a statement.

 

The lead investor was Amphion Innovations. The company said investors included "new and existing shareholders."

 

Further details were not provided.

 

New Brunswick, NJ- based WellGen develops technologies to screen the effect of food on the expression of genes associated with human disease.

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