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Entheon Biomedical Announces New Private Placement Financing

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Entheon Biomedical Announces New Private Placement Financing

Entheon Biomedical (TSE:ENBI) has released an update.

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Canadian biotech firm Entheon Biomedical is launching a private placement financing to raise up to CDN$300,000 by issuing 3 million units, each consisting of a common share and a warrant. The proceeds will be used for general working capital, providing potential growth opportunities for the company focused on addiction treatment.

For further insights into TSE:ENBI stock, check out TipRanks’ Stock Analysis page.

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