Picture of Xbrane Biopharma AB logo

XBRANE — Xbrane Biopharma AB News Story

0.000.00%
se flag iconLast trade - 00:00
HealthcareHighly SpeculativeMicro CapNeutral

Brief: Xbrane Biopharma Enters Into SEK 60 Mln Financing Solution With Fenja

Oct 17 (Reuters) - Xbrane Biopharma AB XBRANE.ST:

SAID ON THURSDAY ENTERS INTO CONDITIONAL FINANCING SOLUTION WITH FENJA CAPITAL II A/S

SOLUTION PROVIDING LOAN OF SEK 60 MLN TO BE TRIGGERED IN THE EVENT OF DELAY IN ANTICIPATED US FDA APPROVAL OF LUCAMZI

REMAINS OPTIMISTIC REGARDING APPROVAL ON UPCOMING BSUFA DATE ON OCT 21, BUT DECIDED TO ENTER INTO THIS FINANCING SOLUTION TO PROACTIVELY SECURE CO'S WORKING CAPITAL NEEDS IN CASE OF DELAY

 Source text for Workspace: nMFN3yNFBV
 Further company coverage: XBRANE.ST

 (Gdansk Newsroom)

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

Recent news on Xbrane Biopharma AB

See all news