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TME Pharma AG Max-Dohrn-Str. 8-10 10589 Berlin, Germany http://www.tmepharma.com
Contact Mr Ph.D. Aram Mangasarian +49 30 7262470
Company logo of TME Pharma AG
TME Pharma AG

TME Pharma Announces Successful €2 Million Financing and the End of the Convertible Bond Program with a Lock-Up of New Shares and Lock-Up of Bond Conversions Extending Financial Runway into December 2023

(PresseBox) (Berlin, Germany, )

€2 million new cash secured
Termination of the convertible bond agreement by TME Pharma
Lock-up of all new shares issued and all outstanding convertible bonds for a period of 6 months to align investors and support company through next clinical results


TME Pharma N.V. (Euronext Growth Paris: ALTME), a biotechnology company focused on developing novel therapies for treatment of cancer by targeting the tumor microenvironment (TME), announced today the successful closing of a financing of €2 million. The financing extends the company’s cash runway into December 2023, sufficient to reach its next major inflection points and to allow further advance its ongoing PSYNNL Rqash 1/2 dnkfgpmy bohuo aq YHU-A11 oxbvoiwqgre qwmtexcvr gw copow xmzfgyapv vknja vfqzcd (wohciiupcoej) plhxrcbb.

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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.