Hemarina announces a fundraising of more than 8M€

23 March 2017

Hemarina, the marine Biotechnology company centered on the development of innovative oxygen carriers, announces a fundraising of more than 8M€.

For Dr Franck Zal, co-founder and Chief Executive Officer of Hemarina, “ the success of such a fundraising is an evidence of trust from our historical investors”.

He also said : “This new capital increase reinforces significantly our financial position. It will enable us to accelerate our research programs including regulatory preclinic and Phase I HEMOXYCarrier® study targeting ischemic pathologies and to realize a new large scale clinical trial on HEMO2life® product used in supplementation of transplant organ preservation solutions.”

“ Since 2008, we saw a real scientific and economic potential in Hemarina. Once again, being part of Hemarina story written by Franck Zal and his team just seemed obvious to us ” jointly declared Christophe BAPST and Michel BRANDELET, respectively Presidents of Finistère Angels and Armor Angelshistorical investors of Hemarina. 

Read the press release.