Ondine Biomedical, Inc. (GB:OBI) has released an update.
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Ondine Biomedical Inc., a Canadian life sciences company, has successfully raised C$16.2 million through an upsized funding round to support its Phase 3 clinical trial in the USA. The financing was conducted through a placing and subscription of new shares, attracting significant interest from existing and new institutional investors. The company’s shares are set to commence trading on AIM on 11 November 2024, reflecting a strong backing from its shareholders.
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