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Recce Pharmaceuticals Successfully Completes Share Purchase Plan

Aug 06, 2024almost 2 years ago

Contract Type

partnership

SydneyManufacturingBiotechnologyPharmaceutical

Description

Recce Pharmaceuticals Ltd has announced the successful completion of its Share Purchase Plan (SPP), which received significant support from existing shareholders and raised a total of A$4.4 million. The funds will be used to advance clinical trials and other activities related to R327 and R327G.

Company Information

Company

Recce Pharmaceuticals Ltd

Location

Sydney, New South Wales, Australia

About

Recce Pharmaceuticals Ltd (ASX: RCE, FSE: R9Q) is a leading developer of a new class of synthetic anti-infectives.

Predictive Intelligence
Strategic

ML-powered predictions for Recce Pharmaceuticals Ltd's next move

Learn about Strategic plan

Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

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