JANUARY 8, 2025
Biophytis Announces New Cash Contribution and Debt Conversion up to €8.6 million to Finance the Obesity Program Cash contribution of €2.5 million from existing and new investors to finance the clinical development of BIO101 in obesity Conversion into equity of debt for up to €6.1 million strengthening the balance sheet Biophytis announces the completion of a refinancing transaction for a targeted total amount of €8.6 million, allowing it to solidify its financial structure with the arrival of new investors and to launch the Phase 2 OBA study in the United States. This combined transaction is structured around a cash injection