other material
confidence high
sentiment positive
materiality 0.70
Theriva Biologics awarded €2.28M Spanish government funding for THERICEL cell platform
Theriva Biologics, Inc.
- €1.33M unsecured loan lump sum in Q4 2024; interest 4.015%; repayable over 7 yrs after 3-yr grace.
- €0.95M grant to Universitat Autònoma de Barcelona paid in annual installments over 3 years.
- Funds to advance suspension cell platform for adenovirus/AAV therapies; scaling VCN-01 production.
- Award validates proprietary A549 suspension cell platform for clinical manufacturing.