Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Swedish biotech Spago Nanomedical raises SEK 25M via rights issue to advance its cancer drug Tumorad in trials.
Spago Nanomedical, a Swedish biotech firm, is launching a SEK 25 million rights issue to fund development of its cancer drug Tumorad (177 Lu-SN201), with existing shareholders able to buy new shares at SEK 0.08 each from November 7 to 21, 2025.
Major insiders have pledged to subscribe for about SEK 15.5 million.
The funds will support dose escalation in the ongoing Phase I/IIa trial, preparation for Phase IIa, and orphan drug designation efforts.
Clinical data from the Tumorad-01 study show acceptable safety, strong tumor uptake, and proof-of-concept, with the independent Data Monitoring Committee recommending increasing the dose to 20 MBq/kg, as the maximum tolerated dose has not yet been reached.
La biotecnología sueca Spago Nanomedical recauda 25 millones de coronas suecas a través de la emisión de derechos para avanzar en los ensayos de su fármaco contra el cáncer, Tumorad.