EDAP TMS Secures €36 Million Credit Facility from European Investment Bank

Reuters
Oct 20
EDAP TMS Secures €36 Million Credit Facility from European Investment Bank

EDAP TMS SA has secured a €36 million multi-tranche credit facility from the European Investment Bank (EIB) to support the global expansion of its Focal One Robotic High-Intensity Focused Ultrasound (HIFU) platform. The financing will also accelerate the development of new clinical indications for EDAP's HIFU technology. The facility will be accessed in three tranches: €11 million at 8% interest, €12 million at 7%, and €13 million at 6%, each with a five-year maturity from the date of disbursement. Additionally, EDAP will issue warrants to the EIB as part of the agreement. The company expects to draw the first €11 million tranche in the fourth quarter of 2025.

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