20/07/2021at 13:05

Saniona borrows USD 10m for clinical studies

The loan will be used to finance the clinical development of the biotech company's assets.

Rami Levin, President & Chief Executive Officer of Saniona | Photo: Saniona / PR

BY MIKKEL AABENHUS HEMMINGSEN, TRANSLATED BY CATHERINE BRETT

Biotech company Saniona has secured resources to continue the development of the company's assets as well as support general operations.

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Saniona borrows USD 10m for clinical studies

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Front page now

Sandoz severs ties with European CMO – Dicillin permanently withdrawn from market

Denmark: Violation of good manufacturing practice is source of contaminated antibiotic

Analyst: New Novo Nordisk data sets the bar high for diabetes pills

Zealand Pharma presents positive early-stage results for weight-loss candidate

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Ambu wins European approval of two fifth-generation bronchoscopes

Further reading

Obesity drug hit makes Novo Nordisk more valuable than Nestle

Novo Nordisk reaches primary endpoint in phase III study of oral semaglutide

Novo Nordisk enters collaboration with AI-driven drug discovery company

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