Medicus Pharma secures $22 million structured financing facility

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Medicus Pharma Announces $22 Million Non-Dilutive Financing

May 28, 2026 8:00 AM EDT

Financing Provides Immediate Growth Capital to Support Clinical Development Initiatives and Extends Projected Operating Cash Runway for Over Two (2) Years

PHILADELPHIA, May 28, 2026 (GLOBE NEWSWIRE) -- Medicus Pharma Ltd. (NASDAQ: MDCX) (Medicus or the Company), a biotech/life sciences company focused on advancing the clinical development programs of novel and potentially disruptive therapeutics assets, today announced that it has entered into a definitive financing agreement with an institutional investor providing for an up to $22 million structured financing facility.

The financing is expected to increase the Companys pro forma... More