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home / news releases / TXMD - Pluristem rises 7% following Euro20M funding from European Investment Bank


TXMD - Pluristem rises 7% following Euro20M funding from European Investment Bank

Pluristem Therapeutics (TXMD) shares are up more than 7% after an injection of €20M of funding (~$24M) from the European Investment Bank ("EIB").The disbursement is the first of three tranches of funding released due to meeting a milestone.The funds, which Pluristem expects to receive next month, will go towards R&D to advance its proprietary regenerative cell therapy platform.In April 2020, the EIB approved a €50M financing package for the company.

For further details see:

Pluristem rises 7% following €20M funding from European Investment Bank
Stock Information

Company Name: TherapeuticsMD Inc.
Stock Symbol: TXMD
Market: NASDAQ
Website: therapeuticsmd.com

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