Brief: Calcimedica Announces Private Placement Of Up To Approximately $55 Million
22/01/2024 13:21
Jan 22 (Reuters) - CalciMedica Inc CALC.O :
* CALCIMEDICA ANNOUNCES PRIVATE PLACEMENT OF UP TO
APPROXIMATELY
$55 MILLION
* CALCIMEDICA INC: $20.4 MILLION IN UPFRONT FINANCING WITH
POTENTIAL TO RECEIVE UP TO AN ADDITIONAL ABOUT $34.2 MILLION FOR
AN AGGREGATE OF UP TO ABOUT $55 MILLION
* CALCIMEDICA- NET PROCEEDS TO PROVIDE FUNDS TO EXPAND
AUXORA™
CLINICAL DEVELOPMENT TO INCLUDE PLANNED PHASE 2 AKI TRIAL
EXPECTED TO BEGIN IN 1H 2024
Source text for Eikon: ID:nPns3Zyda
Further company coverage: CALC.O
((Reuters.Briefs@thomsonreuters.com;))