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Moomoo AI Mar 27 07:42

iBio plans to use the offering's net proceeds for general co...

iBio plans to use the offering's net proceeds for general corporate purposes, including R&D and working capital. The funds are expected to extend the company's cash runway through 2025. CEO Martin Brenner thanked healthcare specialist investors for their support.
Press Release: IBio Announces $15.0 Million Private Placement
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more
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