BioLineRx Says Cash, Cash Equivalents, And Short-Term Bank Deposits Of $28.2M Will Be Sufficient To Fund Operations, As Currently Planned, Into 2025
The company says this amount does not include $6.0 million in gross proceeds received from a registered direct offering and a $20.0 million drawdown of the second tranche from the existing loan agreement with BlackRock, which were both completed in April 2024.