Acceleron Pharma Reports $10.9M Financing

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Xconomy -- Acceleron Pharma, the Cambridge, MA-based developer of biotech drugs for anemia, bone loss, and other ailments, reports in an SEC filing that it has raised $10.9 million in equity financing. The funding includes an $8 million investment that Cambridge-based biotech Alkermes (NASDAQ:ALKS)made as part of a licensing deal Luke reported early this month, as well as $2.9 million from Acceleron’s previous backers, according to a company spokeswoman.
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