Interessant PCIB skal hente inn penger 40-50 millioner og det er interesse av større fisker for å bli med:
Two of the largest shareholders have pledged that
they will at least follow up their pro-rata in the share issue.
melding:
Oslo, October 27, 2016 - Reference is
made to PCI Biotech Holding ASA’s (“PCI Biotech” or the “Company”) stock
exchange announcement on 30 August 2016 in relation to the Q2 2016
report and its evaluation of the Company’s strategic options, capital
need and financing alternatives. The Board of Directors has, in
understanding with the largest shareholders, initiated a process with
the objective to carry out a share issue in the range of NOK 40-50
million to be conducted by the end of November 2016, details of which
will be determined. Two of the largest shareholders have pledged that
they will at least follow up their pro-rata in the share issue.
Fondsfinans is retained as advisors in this process. The promising results from the Phase I part of the Phase I/II study of fimaChem
in bile duct cancer and the recently granted orphan designation in EU
have provided the Company with new exciting opportunities. The Company
has initiated processes to assess whether a well-designed pivotal Phase
II study may provide market authorisation, which would significantly
shorten the time to market for this orphan indication. The proceeds from
the contemplated share issue will allow the Company to complete
regulatory interactions with European and US authorities, to determine
the fastest way to market. The Phase I results have also furnished
increased external interest, which will be assessed in relation to
various financing and partnering alternatives for further development. Establishing fimaVacc
as a clinical asset in immunotherapy is a major milestone towards
commercialisation and the proceeds will also be used to fund completion
of the Phase I study. The initiated Phase I study in healthy volunteers
is designed to show enhancement of the cellular immune responses
important for therapeutic effect of vaccines, with expected read-out of
results in the first half of 2017. The strategy for the fimaNAc programme will continue to be an opportunistic approach, pursuing out-licensing opportunities. In
summary: Proceeds from the planned share issue is expected to enable
the Company to reach regulatory clarity on requirements for market
approval of fimaChem, complete the fimaVacc
Phase I study, and further pursue partnership opportunities. The
Company will continue to follow a flexible partnering strategy for all
programmes.
http://www.netfonds.no/quotes/release.php?id=20161027.GlobeNewswire.HUG2051937