Saniona: Amended Loan Agreement
Research Note
2022-09-30
17:20
Redeye is overall positive to today’s news that Saniona has amended its loan agreement with Formue Nord, which extends the company’s cash runway into 2024. The terms are decent, and we endorse Saniona’s strategy to reduce short-term dependency on the financial markets while it's working on a licensing agreement.
FT
Fredrik Thor
Disclosures and disclaimers