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European Loan Funds F2G's Late-Stage Novel Antifungal

 
• By Eleanor Malone

€24m loan from the European Investment Bank with match funding will progress Phase IIb antifungal Olorofim in invasive aspergillosis. CFO Ralf Schmid goes into details with Scrip.

Tulips
New human antifungals needed as tulip fungicides increase drug resistance • Source: Shutterstock

The European Investment Bank (EIB) has granted a loan of €24m to F2G Ltd., the UK-based antifungal development company that was spun out of the University of Manchester in the early 2000s and which recently opened an Austrian subsidiary in Vienna.

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