Tevogen Bio Secures $6M Series C Preferred Stock Investment With The Patel Family, LLP
Portfolio Pulse from Benzinga Newsdesk
Tevogen Bio Holdings Inc. (NASDAQ:TVGN) has secured a $6 million Series C Preferred Stock investment from The Patel Family, LLP. This investment will support Tevogen's development of T cell therapeutics in oncology, neurology, and virology.
August 22, 2024 | 1:05 pm
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Tevogen Bio has secured a $6 million investment from The Patel Family, LLP, which will aid in the development of its T cell therapeutics. This funding could enhance the company's financial stability and support its R&D efforts.
The $6 million investment is significant for Tevogen Bio as it provides additional capital to support its research and development in critical therapeutic areas. This could lead to advancements in their product pipeline, potentially increasing investor confidence and positively impacting the stock price.
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