Kedalion Therapeutics Raises $5 Million in Series A Financing

August 10, 2018: By Jon Swedien

Kedalion Therapeutics has closed a $5 million Series A financing, the ophthalmic drug company announced Aug. 6.

The Menlo Park, California, company will use the proceeds to advance its AcuStream eye drop technology.

AcuStream is designed to deliver topical drugs to the eye precisely and accurately with up to an 80 percent reduction in dose compared with standard eye drops while producing a comparable effect, Kedalion said.

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