Inventiva Secures EUR 21.4 Mln, Seals First Tranche Of Multi-Tranche Financing

T-Reuters2024-12-16

Inventiva SA :Secures €21.4 Million And Completes The First Tranche Of The Previously Announced Multi-Tranche Financing Of Up To €348 Million.Additional Cash Requirements Estimated At €120 Million To €130 Million.Proceeds To Advance Phase Iii Nativ3 Clinical Trial.Appoints Mark Pruzanski As Chairman And Srinivas Akkaraju To Board.Company Estimates Financing Operations Until Mid-Q3 2025.Net Proceeds Of €20.1 Million To Fund Clinical Program And Corporate Purposes.Board Approves Second Phase Of Tranche 1 For €21.4 Million.

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