T2 Biosystems Inc

NASDAQ:TTOO   11:23:58 AM EDT
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Debt Financing / Related, Products

T2 Biosystems Announces Barda Exercise Of Contract Option 2B Valued At $4.4 Million

Published: 03/31/2022 21:13 GMT
T2 Biosystems Inc (TTOO) - T2 Biosystems Announces Barda Exercise of Contract Option 2b Valued at $4.4 Million.
T2 Biosystems Inc - Total Potential Barda Funding If All Contract Options Are Exercised is $69.0 Million.
T2 Biosystems Inc - Additional Funding Will Be Used to Advance U.S. Clinical Trials for T2biothreat Panel and T2resistance Panel.
T2 Biosystems - Additional Funding Will Be Used for Development of Panel for Detection of Bloodstream Infections and Antimicrobial Resistance.
T2 Biosystems - Additional Funding Will Be Used for Development of Next-generation Instrument.