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Boston-based Decibel Therapeutics has raised $55 million in series C financing to continue developing therapies to treat hearing loss and tinnitus. The start-up is working on two compounds to protect against hearing loss that is a side effect of other drugs and on a gene therapy to restore hearing. George Scangos, CEO of Vir Biotechnology and former CEO of Biogen, now heads Decibel’s board of directors.
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