Brief: Theraclion receives additional financing of EUR 1.1 mln from Bpifrance

Theraclion SA

09/07/2015 07:00

July 9 (Reuters) - Theraclion SA  ALTHER.PA : 
    * Receives an additional financing of 1.1 million euros  
($1.22 million) from Bpifrance's "industrial strategic 
innovation" program 
    * Has obtained new funding following achievement of fifth 
milestone (out of seven) of its TUCE project which is being run 
in collaboration with Supersonic Imagine 
    * This financial backing of 1.1 million euros, in form of a 
repayable advance from Bpifrance was next step after progress 
made last year and payment of 900,000 euros 
    * This tranche was unlocked following european clinical 
trial success and launch of a US fibroadenoma study 
 
Source text for Eikon:  ID:nBw268TRFa  
    
Further company coverage:  ALTHER.PA  
 
($1 = 0.8998 euros) 
 
 (Gdynia Newsroom) 
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