Adocia was granted a State-guaranteed loan (PGE) for EUR 7 million associated with a rescheduling of loan terms contracted with IPF Partners in 2019

Adocia SA, a clinical stage biopharmaceutical company focused on the treatment of diabetes and other metabolic disease with innovative formulations of approved proteins, announced today that a EUR 7 million non-dilutive financing was approved by BNP, HSBC, LCL and Bpifrance in the form of a state-guaranteed bank loan (PGE). IPF Partners also contributes to support the company by rescheduling bank loan payments for an amount of EUR 2 million.