Biochemical Engineering
Pluristem Scores €50M to Develop Covid-19 Cell Therapy
29th April 2020
Israeli cell therapy biotech Pluristem Therapeutics has secured up to €50M in non-dilutive funding from the European Investment Bank to progress its coronavirus-targeting cell therapy to phase III.
The partners plan to sign the funding agreement at the end of April and Pluristem will initially receive €20M followed by two further installments totaling up to €30M. Source: Labiotech 29/4/2020
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