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Prana raises A$7 million to fund research programs

Funds will be used for the development of the company’s pipeline in treatments for Alzheimer’s and other neurodegenerative diseases, such as Parkinson’s and Huntington’s disease. Geoffrey Kempler, chairman

Penwest signs licensing agreement with Cobalt

Under the terms of the agreement, Penwest will receive undisclosed fees and payments. Jennifer Good, president and CEO of Penwest, said: “These arrangements fit with our strategy of