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The Boston Globe

Business

Taris secures $12.5m in additional financing as it launches trial of bladder drug candidate

Taris Biomedical, a Lexington-based pharmaceutical company focused on developing new treatments for bladder diseases, announced Tuesday that it has raised an additional $12.5 million in financing.

The round included existing investors Flagship Ventures, Flybridge Capital Partners, Polaris Partners, and Third Rock Ventures. With this round, Taris has now raised $49.8 million to date, the company said in a press release.

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