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Armata Pharmaceuticals Extends Credit Agreement and CMO Departs

Armata Pharmaceuticals Extends Credit Agreement and CMO Departs

Armata Pharmaceuticals ( (ARMP) ) just unveiled an update.

The Company recently amended its Credit and Convertible Credit Agreements, extending their maturity dates to January 2026, a move that could impact its financial strategy. Concurrently, the Company announced the departure of its Chief Medical Officer, Mina Pastagia, offering her a severance package as they finalize her separation terms. These developments highlight significant operational and financial shifts for the Company.

Learn more about ARMP stock on TipRanks’ Stock Analysis page.

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