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Corxel plans a SPAC merger to fund phase 3 of its oral GLP-1 pill CX11

The deal with Amanat Acquisition brings about $300 million in PIPE money. CX11 posted up to 11.5% weight loss at 36 weeks in phase 2.

Read at Fierce Biotech

Recap by typeshit. Full story at Fierce Biotech.