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Onxeo Raises €12.5 Million through Capital Increase with US and European Investors

Paris (France), Copenhagen (Denmark) – Onxeo S.A. (Euronext Paris, Nasdaq Copenhagen: ONXEO, “Onxeo” or ”the Company”), a biopharmaceutical company specializing in the development of innovative drugs for the treatment of orphan diseases, in particular in oncology, today announced the successful completion of a capital increase of 5,434,783 new ordinary shares for gross proceeds of €12.5 million. Guggenheim Securities, LLC and Oddo & Cie acted as Joint Bookrunners.

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Source: Onxeo