Lysogene announces EUR4.3m non-dilutive financing from Bpifrance.
M2 EQUITYBITES-November 26, 2021-Lysogene announces EUR4.3m non-dilutive financing from Bpifrance
(C)2021 M2 COMMUNICATIONS http://www.m2.com
Gene therapy company Lysogene (Paris:LYS) reported on Friday the receipt of EUR4.3m under its non-dilutive financing agreement with Bpifrance.
The financing consists of a EUR3.0m R&D innovation loan to finance Lysogene's clinical study of LYS-GM101 drug candidate for the treatment of GM1 gangliosidosis as well as reimbursable advance of EUR1.3m to prepare its preclinical studies of LYS-FXS01 in Fragile X syndrome.
Under the terms of the agreement, Lysogene's R&D innovation loan is...
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