Brief: Io Biotech Secures Up To €57.5 Million In Debt Financing From The European Investment Bank

IO Biotech

20/12/2024 14:22

Dec 20 (Reuters) - IO Biotech Inc  IOBT.O :
    * IO BIOTECH SECURES UP TO €57.5 MILLION IN DEBT FINANCING
FROM
THE EUROPEAN INVESTMENT BANK
    * FUNDS EXPECTED TO BE USED TO ADVANCE IO BIOTECH'S
IMMUNE-MODULATING THERAPEUTIC CANCER VACCINES
    * DEBT FACILITY EXPECTED TO EXTEND COMPANY'S CASH RUNWAY
INTO Q2
OF 2026

Source text:  ID:nGNX4LFmBW 
Further company coverage:  IOBT.O 

 ((Reuters.Briefs@thomsonreuters.com;))