Brief: Biomed Lublin Signs Up to EUR 5.1 Mln Loan Deal With Santander Bank Polska

Synthaverse SA

08/09/2022 06:46

Sept 8 (Reuters) - Biomed Lublin  BML.WA :
    * SAID ON WEDNESDAY IT HAS SIGNED AN INVESTMENT DEAL WITH
SANTANDER BANK POLSKA FOR UP TO 5.1 MLN EUROS
    * THANKS TO THE LOAN THE COMPANY HAS SECURED ANOTHER
MILESTONE
SECURING THE FINANCIAL STRUCTURE OF THE STRATEGIC PROJECT
WHICH REGARDS RESEARCH AND DEVELOPMENT WORKS 
ON PRODUCT FOR BLADDER CANCER IMMUNOTHERAPY
    * SAID PROJECT IS A STRATEGIC INVESTMENT FOR THE COMPANY
    * THE LOAN WILL BE ALLOCATED ENTIRELY TO CO-FINANCING
CONSTRUCTION
OF THE ONKO BCG PRODUCTION PLANT

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nEMc0XlhHa
 Further company coverage:  BML.WA   SPL1.WA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))