Clinical trials
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Paramount BioSciences specializes in founding, funding, and supporting early-stage biotechnology startups focused on drug development. Since 1991 it has created approximately 40 start-up life science companies and participated in the clinical development of over sixty drug candidates—several reaching market approval—with more than forty compounds in clinical trials at various stages as of mid-2000s reporting. It provides financial resources as well as professional support services to its portfolio firms.[6][9]
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