Midatech Pharma gets €6.6m grant from Spanish government

Wed, 11th Sep 2019

Oncology and rare disease focused Midatech Pharma said it had received funding of €6.6m from the Spanish government. The funding would support the company' manufacturing facility in Bilbao. It brought the total public financing available for this project to up to €8.5m, including previous grant and loan amounts recently approved by the Basque regional government. The total manufacturing cost of the project was currently estimated at about €16m, subject to finalisation of a manufacturing strategy. At 1:49pm: (LON:MTPH) Midatech Pharma Plc share price was +1p at 6.25p Story provided by StockMarketWire.com

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