Argent Biopharma (AU:RGT) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Argent BioPharma has secured A$200,000 through the issuance of 666,667 shares at A$0.30 each, a strategic move aimed at advancing their drug development projects, including CannEpil® and CimetrA®, in the US and EU markets. This share placement comes at a discount, potentially offering investors an attractive entry point into the company’s growth journey. With this funding, Argent BioPharma continues to strengthen its position within the biopharmaceutical sector.
For further insights into AU:RGT stock, check out TipRanks’ Stock Analysis page.