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Article | Australian Financial Review



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4 July 2022


Aussie start-up using funnel web venom to save lives scores $23m

by Yolanda Redrup


A Brisbane-based start-up spun out of the University of Queensland has scored $23 million to fund clinical trials for a potentially life-saving drug, using the venom of one of the world’s deadliest spiders.

Pre-clinical research suggests a molecule in the venom of the K’gari (Fraser Island) funnel web spider could block nerve signals that cause the death of heart and brain cells following a heart…

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