Capital Access Group Flash Notes | TheraCryf - £1.1m raise progressing Ox-1 to clinical trial
TheraCryf has announced an equity raise of £1.05m, gross by way of a placing and subscription focusing on completing the clinic-enabling programme for the company’s Ox-1 lead clinical asset with the aim of securing a partnering/out-licensing deal to support the future costs of the programme. This is coupled with the potential to undertake the next stage Phase 1 clinical trial in Australia which offers an accelerated and potentially more cost-effective route to generating Phase 1 clinical trial data that would be generally acceptable to potential partners and to regulators in the US and…
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