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Paradigm Biopharma Raises $21.375 Million Through Oversubscribed SPP

10:34am on Monday 1st of June, 2026 AEST Healthcare
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Paradigm Biopharma Raises $21.375 Million Through Oversubscribed SPP

10:34am on Monday 1st of June, 2026 AEST
Key Points
  • SPP raised $7.375 million, surpassing $2 million target
  • Total capital raised now $21.375 million including $14 million placement
  • Funds support Phase 3 PARA_OA_012 interim analysis and NDA prep
  • SPP shares issued at $0.17 with attaching options pending approval
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