Danish biotech Curasight has announced a reduction in its convertible debt as Fenja Capital exercises its right to partially convert a loan note issued in late 2025. The move not only strengthens the balance sheet but also introduces a consortium of long-term investors through a block trade. This financial restructuring comes at a significant time as the company approaches a key milestone with upcoming data from its phase I trial investigating its therapeutic platform uTREAT® in aggressive brain cancer. BioStock contacted CEO Ulrich Krasilnikoff for a comment.
Read the full interview at biostock.se:
Curasight reduces debt through Fenja Capital conversion
This is a press release from BioStock - Connecting Innovation & Capital. https://www.biostock.se/