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BioLineRx Reports 2024 Financial Results and Provides Corporate Update
BLRXBioLineRx(BLRX) Prnewswire·2025-03-31 11:00
  • Reports meaningful progress in the evaluation of assets for potential in-licensing and development in the areas of oncology and rare diseases - - Executed license agreement with Ayrmid Pharma Ltd. for APHEXDA® (motixafortide) with 10millionupfrontpayment,upto10 million upfront payment, up to 87 million in commercial milestones, and high double-digit royalties on net sales - - Completed financings raising combined gross proceeds of $19 million and reduced operating expense run rate by 70%, extending the Company's cash runway throug ...