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Karolinska Development

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Karolinska Development: Modus granted IND

Karolinska Development announced today that Modus Therapeutics has been granted Investigational New Drug (IND) status, paving the way for a phase I trial with a subcutaneous formulation of Sevuparin in the U.S. The announcement was in line with our expectations and will not affect our valuation of Karolinska Development.

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