Amplia Therapeutics Ltd - Amplia Therapeutics Undertakes Placement
Amplia Therapeutics Ltd (ASX:ATX)

Amplia Therapeutics Undertakes Placement

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Highlights

What's happened?

Amplia Therapeutics Limtied (ASX:ATX) have undertaken a capital raising.

What are the key highlights?

  1. $0.93 million raised.
  2. Platinum International Healthcare Fund participated in the placement which was managed by Taylor Collison.
  3. The new capital will enable the Company to complete the clinic-enabling studies. The Company remains on track to initiate clinical trials of its lead FAK inhibitor, AMP945, during 2020.

CEO's Summary

John Lambert

"We are delighted to have completed this placement as it will allow us to drive our FAK assets into the clinic. We are particularly pleased to see the participation in the placement of such highly regarded investors as Platinum and see this as a strong endorsement of the potential of Amplia’s FAK assets and the team we have put in place."

John Lambert
CEO, Amplia Therapeutics Ltd
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