Ability Pharmaceuticals — Grant · €2.5M

The EU's EIC Accelerator awarded AbilityPharma €5M in total: a €2.5M grant plus €2.5M in equity from investors selected by the European Investment Bank. The money funds a Phase 2b trial of ABTL0812 with chemotherapy in advanced pancreatic cancer. Existing shareholders include Inveready, Everis and Sodena.

LeadEIC Fund RoundGrant Announced16 Mar 2020Not counted in totals CityCerdanyola del Vallès SectorBiotechSource

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