AesRx, a US-based biopharmaceutical company backed by MedImmune Ventures (wholly-owned corporate venturing fund within the AstraZeneca Group, founded in 2002 for investing in emerging healthcare), has raised $1.36m convertible debt out of a $1.53m offering, according to a 9 May regulatory filing.

AesRX is also backed by Fidelity Biosciences, a venture capital division of mututal fund manager Fidelity Investments.

Prior to founding AesRX, the firm’s chief executive, Stephen Seiler, headed the pharmaceutical industry investment banking group for Paribas Capital…

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