UPPSALA, SWEDEN – September 30, 2014. Oasmia Pharmaceutical AB (publ) announced today that in accordance with its financial plan, the company has received a new MSEK 40 bank loan, with a term from October 1 to December 30, 2014. The loan replaces a previous bank loan which is due on September 30, 2014.
About Oasmia Pharmaceutical AB
Oasmia Pharmaceutical AB develops new generations of drugs in the field of human and veterinary oncology. The company’s product development aims to create and manufacture novel nanoparticle formulations and drug-delivery systems based on well-established cytostatics which, in comparison with current alternatives, show improved properties, reduced side-effects, and expanded applications. The company’s product development is based on its proprietary in-house research and company patents. Oasmia is listed on NASDAQ OMX Stockholm (OASM) and the Frankfurt Stock Exchange (OMAX, ISIN SE0000722365).