Venture Life Secures Credit Facility and US Deal
Company Announcements

Venture Life Secures Credit Facility and US Deal

Venture Life (GB:VLG) has released an update.

Venture Life Group PLC has renewed a Revolving Credit Facility with Santander UK and HSBC Innovation Bank, allowing for borrowing of up to £30 million, with provisions for an additional £20 million under certain conditions. The company also struck a lucrative deal with Jaguar Health for the exclusive distribution of Gelclair in the U.S., promising significant future revenues. These strategic financial moves aim to support the company’s growth and scale in the consumer healthcare sector.

For further insights into GB:VLG stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskVenture Life Group Sees Change in Voting Rights
TipRanks UK Auto-Generated NewsdeskVenture Life Chairman Increases Shareholding Stake
TipRanks UK Auto-Generated NewsdeskVenture Life Director Increases Stake with Major Share Purchase
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App