BioCentury
ARTICLE | Financial News

Santhera raises CHF7.1M in private placement

April 12, 2019 7:08 PM UTC

Santhera said it raised CHF7.1 million ($7.1 million) in a private placement and established a credit facility of up to CHF15 million ($15 million).

Santhera Pharmaceuticals Holding AG (SIX:SANN) placed 500,000 registered shares at CHF14.25, a 4.5% discount to its closing price on April 4, when it announced the financing. The placement agent was Mirabaud Securities...