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Kiora Pharmaceuticals Announced Private Placement Of Up To ~$45M

Author: Charles Gross | January 31, 2024 07:43pm

- Kiora Pharmaceuticals, Inc. (NASDAQ:KPRX) ("Kiora" or the "Company"), a clinical-stage biopharmaceutical company focused on developing therapeutics to improve sight in patients with severe vision loss due to inherited or age-related orphan retinal diseases, today announced that it has entered into a securities purchase agreement with healthcare focused institutional investor(s) to raise up to approximately $45 million in gross proceeds, including initial upfront funding of $15 million and up to an additional approximately $30 million upon exercise of accompanying warrants at the election of the investors.

Posted In: KPRX


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