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Imugene Raises A$20 Million to Accelerate Cancer Immunotherapy Trials
7:03pm on Monday 2nd of June, 2025 AEST
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Healthcare
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Imugene Raises A$20 Million to Accelerate Cancer Immunotherapy Trials
7:03pm on Monday 2nd of June, 2025 AEST
Key Points
A$20 million received from convertible notes issuance to CVI Investments
First tranche of a planned A$46 million capital raising
Funds earmarked for clinical trials of azer-cel, onCARlytics, and VAXINIA
Convertible notes feature zero-coupon, five-year maturity, and conversion premium
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