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Ferric iron (Fe³⁺) is the oxidized form of iron, playing a critical role as a cofactor in various enzymes and biological processes, including oxygen transport via hemoglobin (following reduction to Fe²⁺). It's essential for life but can be toxic in excess. Iron chelation therapy is used to treat iron overload conditions.
Iron itself isn't a drug, but it is the target of chelators or is involved in redox reactions.
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