BRIEF—Tiziana Life not to engage in capital raising for now

23 January 2025

New York-based biotech Tiziana Life Sciences today announces its intention not to engage in a capital raising activities for the immediate future.

Following on from its news yesterday of the discovery of new immune biomarkers in patients with non-active secondary progressive multiple sclerosis (na-SPMS) treated with nasal foralumab, the company has decided not to engage in a capital raising activities for the immediate future, the company noted.

Tiziana’s management team remains committed to delivering value to its shareholders and advancing its innovative drug candidates through clinical trials and regulatory processes.

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