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‘Edible medicine’ company backed by Callaghan Innovation sinks into liquidation

Deep tech startup Helico Bio has been placed into liquidation after its research, which aimed to  produce therapeutic compounds from plants, “did not achieve the expected results”.   The Auckland-based company Rau Bio Limited, which traded as Helico Bio, had received funding from government agency Callaghan Innovation and venture capital firm Icehouse Ventures. A company associated…