Redx Pharma PLC's (LON:REDX) Lisa Anson caught up with Proactive London's Andrew Scott after announcing they've raised US$30mln via the issue of convertible loan notes.
Funds Redmile Group and Sofinnova Partners are putting up US$19mln and US$10mln respectively.
The cash will be used to repay US$6.1mln of short-term debt as well as advancing the development of its oncology and fibrosis drugs.