Brief: Medicalgorithmics Signs Deal On Up To $3 Mln Loan Line With Biofund Capital Management

Medicalgorithmics SA

26/06/2024 06:03

June 26 (Reuters) - Medicalgorithmics SA  MDG.WA :
    * SIGNS DEAL ON PROVIDING LOAN LINE WITH BIOFUND CAPITAL
MANAGEMENT
    * DEAL PROVIDES FOR LOAN LINE OF UP TO $3 MILLION TO BE MADE
AVAILABLE TO COMPANY FOR PERIOD OF FOUR YEARS
    * COMPANY WILL BE ABLE TO USE THIS FINANCING IN TRANCHES OF
UP TO
$1 MILLION FOR IMPLEMENTATION OF SPECIFIC PROJECTS, SUCH AS
TECHNOLOGY DEVELOPMENT OR ACQUISITIONS OR M&A

Source text for Eikon:  ID:nEM9lJqX8a 
Further company coverage:  MDG.WA 

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