Artboard 11

zytoprotec: Successful Financing 2023

Around EUR 2.5 million in fresh investor capital was raised in 2023, most of it in December.

The Zytoprotec team is delighted that this was possible despite the difficult financing environment for start-ups during the last two years. And we would like to thank all new investors for the trust they have placed in us. The money will primarily be used for further research, possibly for a small Austrian Phase 2b Study to substantiate the recently discovered systemic anti-inflammatory effect of our lead product PDprotec®, and to prepare the Chinese Phase 3 Study, which will be sponsored and conducted by a Joint Venture currently being established with our partner Vantage Group, Shanghai. It is planned to conduct a 2nd closing in March 2024 to give other currently interested investors the opportunity to participate in Zytoprotec.

Contact

Zytoprotect
p: +43-664-3382814
e: b.zinner@zytoprotec.com und office(at)zytoprotec.com

The sender takes full responsibility for the content of this news item. Content may include forward-looking statements which, at the time they were made, were based on expectations of future events. Readers are cautioned not to rely on these forward-looking statements.

As a life sciences organization based in Vienna, would you like us to promote your news and events? If so, please send your contributions to news(at)lisavienna.at.