CalciMedica Secures Credit Facility for Up to $32.5 Million
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CalciMedica Inc. has secured a credit facility of up to $32.5 million, with $10 million funded immediately, extending its cash runway into mid-2026. This financial move supports its focus on developing CRAC channel inhibition therapies.
March 05, 2025 | 12:15 pm
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CalciMedica Inc. has secured a credit facility of up to $32.5 million, with $10 million funded immediately, extending its cash runway into mid-2026. This financial move supports its focus on developing CRAC channel inhibition therapies.
The secured credit facility provides CalciMedica with significant financial resources, extending its cash runway into mid-2026. This financial stability is crucial for a clinical-stage biopharmaceutical company, potentially boosting investor confidence and positively impacting the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100