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BioMedTech Press Release

Abivax secures € 15M non-dilutive financing from Kreos Capital

« We are very happy about the decision of Kreos Capital to provide us with this non-dilutive loan, as it allows Abivax to keep executing on its priority clinical programs in chronic inflammatory diseases according to plan » said Pr. Hartmut Ehrlich, CEO of Abivax.

EUR 15M straight bonds, with no associated dilution, favorable financial conditions in interest rates and no expected transaction fees
Pre-negotiated EUR 5M additional straight bond tranche to be decided before 2020 year-end
Cash for operations extended until Q2 2021