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Zelira Strengthens Capital and Advances FDA Trials with New Funding Moves
6:02am on Monday 2nd of June, 2025 AEST
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Biotechnology
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Zelira Strengthens Capital and Advances FDA Trials with New Funding Moves
6:02am on Monday 2nd of June, 2025 AEST
Key Points
Received $1.15 million R&D tax incentive refund
Established $1 million At-the-Market equity facility for flexible capital
Completed full conversion of US$3.25 million convertible notes into HOPE® 1 SPV equity
Capsule formulation development for HOPE® and Zenivol® on track for mid to late 2025
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Zelira Therapeutics (ASX:ZLD)
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