Ondine Biomedical Increases Fundraising Efforts

Ondine Biomedical, Inc. (GB:OBI) has released an update.

Ondine Biomedical Inc., a Canadian life sciences firm, has announced an update to its fundraising efforts, which now expects to raise approximately C$19.2 million. Key company executives, including CEO Carolyn Cross, are participating by subscribing to a significant number of shares, highlighting confidence in the firm’s future. The funds will be used to advance clinical trials for its Steriwave nasal photodisinfection system and support other business operations.

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