Medincell secures EUR 13.8 million non-dilutive loan from European banks, Bpifrance
Bitget2026/10/13 16:10- Medincell secured an additional EUR 13.8 million non-dilutive loan from leading European commercial banks and Bpifrance.
- Total non-dilutive financing raised since July 2026 increased to EUR 41.8 million, including EUR 28 million announced in July 2026.
- Loan terms were described as market-based, with no instruments providing access to equity, avoiding shareholder dilution.
- Cash and cash equivalents stood at EUR 84.8 million as of March 31, 2026.
- Medincell repaid EUR 23.2 million to the EIB in July 2026, including EUR 20 million of principal.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
U.S. stock futures fluctuate by $650 billions due to news related to Jensen Huang
Nikkei Average Index gains expand to 2.78%
Surprise! Japan intervened in the forex market three times this summer, selling a record 154 trillion yen in three days
Japan has confirmed that it intervened in the foreign exchange market three times this summer, buying yen to support the exchange rate, corroborating earlier market reports. This included the first joint intervention with the United States to support the yen in nearly thirty years.
UBS CEO warns: A Democratic sweep could slow down AI capacity building, valuation concerns are "very important"
UBS CEO Ermotti stated that the U.S. midterm elections may slow down AI capacity building and that the valuations are questionable; he also warned of persistent inflation and the risk of contagion in the European bond market.
Crypto prices
More
