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THERANEXUS Publishes its cash position as of 31 december 2021

13 janv. 2022

Theranexus reported €12.5 M in cash at end-2021 and set up a new 12-month, €4.2 M equity-linked financing line with IRIS to support its clinical programs, including BBDF-101.

Lyon, Jan 13, 2022Theranexus ended 2021 with €12.5 M in cash, supported by prior equity-line drawdowns and tax credit refunds, and aims to secure funding visibility for the next 18 months. The company also established a new €4.2 M equity line with IRIS, structured in twelve tranches, to finance upcoming clinical milestones, particularly in its BBDF-101 Batten disease program


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