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Biocartis NV Generaal de Wittelaan 11 B3 2800 Mechelen, Belgium http://www.biocartis.com
Contact Ms Renate Degrave +32 15 63 17 29
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Biocartis NV

Biocartis attracts EUR 55 million non-dilutive financing

(PresseBox) (Mechelen, Belgium, )
Biocartis Group NV ('Biocartis'), an innovative molecular diagnostics company (Euronext Brussels: BCART), today announces that it has attracted a total of EUR 55m of non-dilutive financing, consisting of a EUR 40m bank and lease financing facility and a EUR 15m subordinated loan. The funds will be used to finance the expansion of Biocartis' manufacturing capacity for its IdyllaTM diagnostics tests, to refinance an existing loan of EUR 5m and to strengthen the company's financial position to continue to execute its strategic plan.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.