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flag Poolbeg Pharma raises £4.1M for cancer and obesity drug trials, extending its runway to 2027.

flag Poolbeg Pharma, a UK biotech firm, is raising £4.1 million to fund clinical trials for its lead drugs: POLB 001, a cancer immunotherapy, and an oral treatment for obesity. flag The funds will extend the company's financial runway to 2027, with the first patient in POLB 001's Phase 2a trial expected by the end of 2025. flag The equity issue, priced at a 12% discount to the market, is backed by the company's directors as fair for shareholders.

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