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OneOncology closes private equity financing

OneOncology has closed its series B round of financing in December 2007. Placements in the latest round were secured from both series A investors and several new investors.

The new round of funding will be used to facilitate the company’s future electronic-negotiation event cycles through 2008, continue to expand the depth of its leadership team and fund several new initiatives that support the strengthening of independent community oncology practices.