BRIEF-Io Biotech Secures Up To €57.5 Million In Debt Financing From The European Investment Bank

Reuters

2024-12-20

BRIEF-Io Biotech Secures Up To €57.5 Million In Debt Financing From The European Investment Bank

Dec 20 (Reuters) - IO Biotech Inc IOBT.O:

IO BIOTECH SECURES UP TO €57.5 MILLION IN DEBT FINANCING FROM THE EUROPEAN INVESTMENT BANK
FUNDS EXPECTED TO BE USED TO ADVANCE IO BIOTECH'S IMMUNE-MODULATING THERAPEUTIC CANCER VACCINES
DEBT FACILITY EXPECTED TO EXTEND COMPANY'S CASH RUNWAY INTO Q2 OF 2026

Source text: ID:nGNX4LFmBW

Further company coverage: IOBT.O

((Reuters.Briefs@thomsonreuters.com;))

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