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Science & Technology |
€50 loan from European Investment Bank to Israeli company Pluristem |
2020-04-30 |
[Arutz 7] - The European Investment Bank (EIB) has announced that it is to partner with the Israel Innovation Authority to pursue investment opportunities in the domain of bio-convergence in health. The EIB will be supporting Israeli company Pluristem via its German subsidiary, with a venture loan of €50 million. Pluristem is a regenerative medicine company with a focus on novel biological products. The company uses cells derived from placenta for the development of product candidates for the treatment of severe medical conditions. |
Posted by:g(r)omgoru |
#3 Good catch, Clem. It’s €50 million per this. |
Posted by: trailing wife 2020-04-30 16:51 |
#2 Israel National News needs to fix that headline. Fifty (50) euros won't go too far. |
Posted by: Clem 2020-04-30 06:09 |
#1 I can remember stock "PSTI" being in the crapper a year or two ago and had to pull a reverse split. My, how times (exigencies) have changed. |
Posted by: Clem 2020-04-30 05:50 |