Contacts

MedinCell announces the great success of its capital increase and raises 15.6 M€

June 16, 2020

Strong demand enabling the contemplated size of the transaction to be significantly increased from 11 M€ to 15.6 M€ (+42%)

Major support from French and international shareholders and investors

Additional resources to finance the development of the product portfolio based on BEPO® technology combined with already approved and widely used active ingredients

Increased financial flexibility enabling the Company to achieve its strategic objectives and cover its working capital requirements until the second half of 2022 ; at this time MedinCell should already be receiving royalty revenues from the sale of the first products based on the BEPO® technology

Session en français

Rendez-vous le mardi 12 septembre à 18h00 pour la diffusion en direct de l'Assemblée Générale mixte

English session

On Tuesday September 12 at 6:00 p.m. live of the Combined General Meeting (in French)

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