Arcion gets $8.8M in VC

CMEA Ventures and InterWest Partners have led an $8.8 million A round for Arcion Therapeutics. Arcion has been developing ARC-4558, a topical gel to treat moderate and severe pain caused by diabetic neuropathy. Arcion also has gels in development for other pain indications, looking to compete in the sector by offering a new therapy with fewer side effects.

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