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$65m Series D supports Pearl's twice-daily COPD combo but more funds needed

This article was originally published in Scrip

Executive Summary

Pearl Therapeutics has raised $65 million in a Series D venture financing round to kick-start its Phase III development plan for the inhaled chronic obstructive pulmonary disease (COPD) drug candidate PT003, but it will need more cash from another private funding deal, a partnership or an initial public offering to complete two planned pivotal trials.

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