Advicenne announced the receipt of €5 million of the second tranche of the loan agreement with the European Investment Bank (EIB). This agreement, signed in July 2019, covers a total amount of €20 million. A first tranche of €7.5 million had been drawn in August 2020.

This 5-year term loan tranche bears a single-digit annual interest rate partly payable annually and partly capitalized and is part of the global agreement with the European Investment Bank, details of which are available in the 2021 Universal Registration Document published on April 29, 2022. This second tranche strengthens the Company's cash position, which amounted to €7.29 million as of June 30, 2022. Thanks to this new non-dilutive contribution, Advicenne confirms its financial visibility until the fourth quarter of 2023.