N4 Pharma PLC - Placing and Subscription to raise £630,000
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N4 Pharma PLC - Placing and Subscription to raise £630,000
N4 Pharma Plc (AIM: N4P) has successfully raised £630,000 through a placing and subscription of new shares. The funds will be used to advance its primary work streams, including the development of a new treatment for irritable bowel disease (IBD) with the University of Queensland, supporting ongoing work with SRI International, and pursuing pre-IND approval for Nanogenics’ ECP105. Additionally, the company aims to expand its board with experienced directors in the pharmaceutical and biotech sectors.
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