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Island Pharmaceuticals Raises $3.6m to Advance ISLA-101 and Expand Pipeline
2:02am on Monday 2nd of June, 2025 AEST
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Healthcare
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Island Pharmaceuticals Raises $3.6m to Advance ISLA-101 and Expand Pipeline
2:02am on Monday 2nd of June, 2025 AEST
Key Points
Raised $3.6 million via placement of 24 million shares at $0.15 each
Funds to support larger Phase 2 trial for ISLA-101 in dengue fever
Directors committed to participate, pending shareholder approval
Capital also earmarked for asset expansion and new molecule trials
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Island Pharmaceuticals (ASX:ILA)
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