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Vbl Therapeutics Selected For €17.5 Million Of Funding From Horizon Europe Eic Accelerator Program

Dec 20, 2021over 3 years ago
Tel Aviv

Description

VBL Therapeutics (Nasdaq: VBLT), a clinical stage biotechnology company developing first-in-class therapeutics for difficult-to-treat malignant solid tumors and immune or inflammatory indications, today announced that it has been selected for €17.5 million of blended funding by the European Innovation Council (EIC) Accelerator. The funding is comprised of a €2.5 million grant and an additional €15 million direct equity investment by the EIC.

Company Information

Company

Vbl

Location

Tel Aviv, Tel-Aviv District, Israel

About

VBL is among only 9% of companies across industries selected by the EIC Accelerator Funds to be used for clinical development, CMC, and pre-commercialization activities for ofra-vec (VB-111) TEL AVIV, Israel and NEW YORK, Dec. 20, 2021 (GLOBE NEWSWIRE) --