Delcath Systems (DCTH) Announces up to $85M Financing

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Delcath Systems Announces up to $85 Million Financing

March 27, 2023 8:15 AM EDT

Led by Vivo Capital with participation from Logos Capital, BVF Partners LP, Stonepine Capital Management, LLC, Serrado Capital LLC and supported by existing investor, Rosalind Advisors

$25 million financing upfront with up to an additional $60 million tied to satisfaction of milestones

Aggregate financing expected to be sufficient to fund Company through potential approval of HEPZATO and commercialization

NEW YORK, March 27,... More