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PainCeptor Pharma

PainCeptor Pharma Inc., a Montreal-based drug company focused on the treatment of chronic and acute pain, has raised Cdn$24.4 million in Series B funding. Participants included Desjardins Venture Capital, CDP Capital (managed by VantagePoint Venture Partners), T2C2/Bio 2000, Business Development Bank of Canada and Lothian Partners 27.