UCB's better housekeeping

UCB'S Better Housekeeping

At first blush it seems odd that UCB Group (Euronext:UCB) would source up to €75 million from the European Investment Bank (EIB) to help fund its pipeline programs - the company has about 10 times that in cash on hand. But UCB spokesperson Laurent Schots told BioCentury the deal allows UCB to diversify its capital sources while eliminating risk in developing some earlier stage assets...