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MeiraGTx Secures Up to $400M Funding from Oberland Capital

MeiraGTx Holdings plc announced an agreement with Oberland Capital Management LLC for an investment of up to $400 million. This funding package includes up to $375 million in non-dilutive capital through capped royalty payments on certain products and up to $25 million in equity. The capital will support the potential commercialization of the company's late-stage programs for X-linked retinitis pigmentosa (XLRP) and radiation-induced xerostomia.

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