Press Release : MerLion Pharmaceuticals Completes Growth Financing Round
05/18/2021 | 03:31am EDT
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- Proceeds will be used to facilitate MerLion`s production and market
launch of Xtoro(TM)
Berlin, (18/05/2021) - MerLion Pharmaceuticals GmbH (MerLion), a
biopharmaceutical company focused on research and development of novel
antibiotics for the treatment of serious bacterial infections, today
announced the successful completion of a growth financing round raised
via a private placement to European strategic investors.
The funds raised will primarily be used to finance the production and
market launch of MerLion's US FDA and Health Canada approved drug
Xtoro(TM) , an otic suspension containing finafloxacin for treatment of