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Home > News > pSivida Completes Agreement to Secure Additional Funding

September 27th, 2006

pSivida Completes Agreement to Secure Additional Funding

Abstract:
pSivida Limited (NASDAQ:PSDV)(ASX:PSD)(Xetra:PSI) today announced that the definitive documentation related to the previously announced agreement with the Absolute Europe Catalyst Fund, Absolute Octane Fund and Australian IT Investments Ltd. to purchase US$6.5m (AU$8.5m) of Subordinated Convertible Debentures convertible into pSivida American Depository Shares (ADSs) has been completed.

Source:
businesswire

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