tiprankstipranks
Amplia Therapeutics Completes Successful Fundraising Effort
Company Announcements

Amplia Therapeutics Completes Successful Fundraising Effort

Amplia Therapeutics Ltd. (AU:ATX) has released an update.

Don't Miss our Black Friday Offers:

Amplia Therapeutics has successfully completed its retail entitlement offer, raising $7.8 million through institutional placement and an additional $0.3 million pending director placement approval. This funding will be utilized to advance trials of narmafotinib, a leading FAK inhibitor, for pancreatic cancer treatment. The retail shares will be issued shortly, with trading expected to commence in early December.

For further insights into AU:ATX stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskAmplia Therapeutics Sets EGM for Shareholder Approvals
TipRanks Australian Auto-Generated NewsdeskAmplia Therapeutics Partners with Next&Bio for Cancer Research
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App