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Hyloris Raises €15m In Private Equity Offering

Proceeds Will Be Used To Develop New Products And Enhance R&D

 
• By Chloe Kent

Value-added medicines firm Hyloris has raised €15m from new and existing investors through a private equity offering of nearly one million new shares.

Euro banknotes
The money will be used to develop new candidates and accelerate R&D • Source: Alamy

Belgian value-added medicines firm Hyloris Pharmaceuticals SA has successfully raised €15.0m ($16.2m) from investors “new and existing, local and international,” through an equity offering by means of a private placement via an accelerated bookbuild offering of 967,742 new shares.

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