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Nemaura Medical Strengthens Balance Sheet with Further Non-Dilutive Funding

Globe Newswire - Press Release

All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here
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Loughborough, England, May 23, 2022 (GLOBE NEWSWIRE) -- Nemaura Medical, Inc. (Nasdaq:NMRD), a medical technology company focused on commercializing a daily disposable wearable glucose sensor and supporting personalized digital coaching programs, announces today that it has secured $5 million in non-dilutive funding though a clean debt facility with no warrants or convertible elements. As part of the current financing, existing debt repayments have been deferred for nine months.

Read more at globenewswire.com

Related Symbols

Symbol Last Chg %Chg
NMRD 0.0001 unch unch
Nemaura Medical Inc

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