Brief: Onxeo Announces Capital Increase Of 7.3 Million Euros

Valerio Therapeutics SA

09/06/2020 06:46

June 9 (Reuters) - ONXEO SA  C4X.PA :
    * ONXEO ANNOUNCES A CAPITAL INCREASE OF €7.3 MILLION BY
PRIVATE
PLACEMENT TO INVUS AND FINANCIÈRE DE LA MONTAGNE, THE COMPANY’S
HISTORICAL SHAREHOLDER
    * THE FUNDS RAISED WILL ACCELERATE THE DEVELOPMENT OF
ONXEO’S
PROGRAMS, AND EXTEND ITS CASH RUNWAY INTO Q1 2022
    * THIS PLACEMENT WILL ENABLE ONXEO TO ACCELERATE DEVELOPMENT
OF
BOTH ASIDNA AND OX401

Source text for Eikon:  ID:nNDL8RPGR 
Further company coverage:  C4X.PA 

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