Brief: Rubius Therapeutics Secures $75 Mln Loan Facility

Rubius Therapeutics

21/12/2018 18:47

Dec 21 (Reuters) - Rubius Therapeutics Inc  RUBY.O :
    * RUBIUS THERAPEUTICS INC SECURES $75 MILLION LOAN FACILITY
    * RUBIUS THERAPEUTICS INC - PROCEEDS WILL BE USED TO ADVANCE
ITS
PIPELINE OF RED CELL THERAPEUTICS
    * RUBIUS THERAPEUTICS INC - PROCEEDS WILL EXTEND COMPANY'S
CASH
RUNWAY INTO 2021
    * RUBIUS THERAPEUTICS - ENTERED LOAN, SECURITY AGREEMENT FOR
A
TERM LOAN OF UP TO $75.0 MILLION TO BE FUNDED IN THREE TRANCHES
OF $25.0 MILLION EACH

Source text for Eikon:  urn:newsml:reuters.com:*:nGNX1lvzXX
Further company coverage:  RUBY.O 

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