Ocean Biomedical (OCEA) Announces $134M in Financial Backing, Provides Latest Updates

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Go back to Ocean Biomedical (OCEA) Announces $134M in Financial Backing, Provides Latest Updates

$134 Million in Financial Backing for Innovative Research and IND Fillings Announced by Ocean Biomedical (NASDAQ: OCEA); Provides Latest Updates on Advancement of Platform, Novel Discoveries in Malari

April 17, 2023 8:01 AM EDT

Providence, RI, April 17, 2023 (GLOBE NEWSWIRE) -- Ocean Biomedical, Inc. (Ocean), a biopharma company working to accelerate the development and commercialization of scientifically compelling assets from research universities and medical centers, shared today an update on key company activities.

Notable Investment Activity

Ocean has partnered with some of the premier investment institutions in the healthcare space. This has led to a secure and growing runway to continue Oceans important scientific innovations, with funding including:

A $59 million committed backstop by... More