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Industry

Enveda secures $311M to bring more nature-derived AI drugs into clinical trials

Enveda, a biotech startup, has raised $311 million in a Series E funding round. The company is currently testing drugs aimed at treating skin conditions and maintaining weight loss.

Why it matters

This funding could lead to significant advancements in the pharmaceutical industry and new treatment options.

Source: TechCrunch — AI — Read the original story

#biotech#ai#clinical-trials#funding#drugs

This brief was prepared with AI assistance from the source text and reviewed before publication; see the original source for full details.

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