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Funds to support U.S. commercialization of Genio
Nyxoah SA, a medical device company focused on the treatment of obstructive sleep apnea, announced it expects to receive the second tranche of a $110 million loan from the European Investment Bank. The anticipated $15 million will be used to pursue the commercialization of its Genio system in U.S. markets.
The total loan amount is $110 million, with the second tranche expected to be $15 million. The funds will specifically target the expansion and market introduction of Genio in the United States.
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