Some breathing room for A.P. Pharma…

A.P. Pharma, of Redwood City, dislosed that it raised $37.5 million back in June through private placement of stock. That should give it time to complete trials of a drug forĀ “the prevention of chemotherapy-induced nausea and vomiting.”

The extra dough will also apparently be enough to keep the pharmaceutical company from being delisted by Nasdaq.

 
 

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