Tevogen Bio Nears Finalization of Agreement to Enhance R&D and Manufacturing Capabilities; $36 Million Line of Credit Available for Continued Operations
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Tevogen Bio is finalizing an agreement with CD8 Technology to enhance its R&D and manufacturing capabilities. The company has secured a $36 million line of credit to support its operations.
November 08, 2024 | 9:00 pm
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Tevogen Bio is finalizing an agreement with CD8 Technology to enhance its R&D and manufacturing capabilities, supported by a $36 million line of credit.
The agreement with CD8 Technology is likely to enhance Tevogen Bio's R&D and manufacturing capabilities, which is crucial for a clinical-stage biotech company. The $36 million line of credit provides financial stability, supporting continued operations and potential growth. This news is likely to positively impact TVGN's stock price in the short term.
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