Brief: Neovacs Raises Eur 2 Mln By Drawdown Of 2 Tranches Of OCEANE-BSA

Neovacs SA

02/06/2021 07:10

June 2 (Reuters) - NEOVACS  ALNEV.PA :
    * ANNOUNCED ON TUESDAY A FUNDRAISING OF EUR 2 MILLION BY THE
DRAWDOWN OF 2 TRANCHES OF OCEANE-BSA, WITH A NOMINAL VALUE OF €
1,000,000
    * 50% OF NET PROCEEDS WILL BE USED TO FINANCE KINOÏDE®
RESEARCH
PROGRAM ON ALLERGIES AND, FOR 50%, TO STRENGTHEN INVESTMENT
CAPACITIES IN PROMISING PROJECTS

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nACT69502
    
 Further company coverage:  ALNEV.PA  
   


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