Lysogene Secures €5 million in Non-Dilutive Financing

10 Feb, 2021

Lysogene Secures €5 million in Non-Dilutive Financing
Photo by Alex wong on Unsplash

– Lysogene secured a non-dilutive financing of €5m from BRED in the form of a state-guaranteed loan (PGE).
– This financing extends the Company’s cash runway until Q2 2022, compared to the end of Q4 2021 previously.
– This loan is 90% guaranteed by the French State with an initial maturity of 12 months and an option to amortize over 5 years.

Biotechnology Europe Medical Pharmaceutical
Crunchbase icon

Content report

The following text will be sent to our editors: