Ondine Biomedical, Inc. (GB:OBI) has released an update.
Ondine Biomedical Inc., a Canadian life sciences firm, has successfully raised approximately C$19.2 million through a recent fundraising initiative. The funds will support the Phase 3 clinical trial of its Steriwave nasal photodisinfection system in the US, along with commercialization efforts in approved markets. This fundraising, alongside a potential investment from a major US healthcare group, aims to ensure financial stability into early 2027.
For further insights into GB:OBI stock, check out TipRanks’ Stock Analysis page.
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