October 13, 2016 / 1:22 PM / 9 months ago

BRIEF-VBL Therapeutics announces plans to establish new manufacturing facility

1 Min Read

Oct 13 (Reuters) - Vascular Biogenics Ltd

* VBL Therapeutics announces plans to establish new manufacturing facility

* Vascular Biogenics Ltd - near-term investment is not expected to materially impact VBL's cash position

* Vascular Biogenics Ltd - projects that its current cash will suffice to support operations into 2019

* Vascular Biogenics Ltd - intends to operate and relocate to new site in second half of 2017

* Vascular Biogenics Ltd - engaged in a long-term lease contract of a new stand-alone facility in modiin, israel

* Vascular Biogenics Ltd - new facility will also include company's headquarters, discovery research and clinical development Source text for Eikon: Further company coverage:

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