Share offer and new debt to fund work at Egetis Therapeutics
Swedish company Egetis Therapeutics has raised around $16 million in a private share placement led by US healthcare investor Frazier Life Sciences.
The firm has also agreed with BlackRock terms for a debt financing of up to around $27 million.
Chief executive Nicklas Westerholm said the new funding arrangements demonstrated “confidence in our ability to realize the company’s growth potential.”
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