Eupraxia Pharmaceuticals closes new financing

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By Ted Liu

Eupraxia Pharmaceuticals Inc., a Vancouver based developer of a novel platform that modulates drug release with precision, has raised $1.97 million from 15 BC investors.

Eupraxia Pharmaceuticals has raised $4.474 million since 2016.

Eupraxia Pharmaceuticals’ lead product candidate, EP-104IAR, is a locally delivered, sustained-release, non-opioid treatment for pain related to osteoarthritis.