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Augustine Therapeutics raises €77.7M to develop a new drug for Charcot-Marie-Tooth disease.
Augustine Therapeutics, a biotech firm, secured €77.7 million in funding led by Jeito Capital and Novo Holdings to advance its drug AGT-100216 for Charcot-Marie-Tooth disease.
The funding will also support research into treatments for other neurodegenerative and cardio-metabolic diseases.
AGT-100216 selectively inhibits HDAC6, potentially preserving beneficial non-catalytic functions.
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Augustine Therapeutics recauda 77,7 millones de euros para desarrollar un nuevo medicamento contra la enfermedad de Charcot-Marie-Tooth.