ERYTECH to raise approximately € 25.4 million in a private placement of ordinary shares to European and U.S. institutional investors

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ERYTECH today announces the pricing of a private placement of 940,000 ordinary shares to qualified investors in the United States and Europe for a total amount subscribed of approximately € 25.4 million. This private placement was conducted by Jefferies International Limited, Leerink Partners LLC and Bryan Garnier & Co. Limited, acting as placement agents and LifeSci Capital LLC, acting as co-manager.