2nd Jan 2025 12:07
Celadon Pharmaceuticals PLC - London-based pharmaceutical company, focused on cannabis-based medicines - Says the provider of its committed credit facility has transferred an additional GBP147,000 under the GBP1.0 million draw down request. The company expects to receive the outstanding GBP103,000 during January. Celadon says receipt of these funds along with expected cash receipts from customers and continuing to work with creditors gives the company sufficient working capital up to March.
Current stock price: 14.00 pence, down 6.7%
12-month change: down 88%
By Michael Hennessey, Alliance News reporter
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