PlantForm: US Capital Global Engaged by PlantForm Corporation as Strategic Advisor on $25 Million Capital Formation

San Francisco, California, USA, Aug. 31, 2023 (GLOBE NEWSWIRE) -- US Capital Global has been engaged by PlantForm Corporation ("PlantForm" or the "Company") as its strategic financial advisor on a $25 million debt and equity financing. Based in Toronto, Canada, PlantForm is a privately-held Canadian biopharmaceutical company focused on the rapid development and production of specialty antibody and protein drugs using its proprietary vivoXPRESS® manufacturing platform. PlantForm is currently developing low-cost versions of current drugs for the $16.8 billion biosimilar market. A biosimilar of the lifesaving cancer drug Keytruda®, the third largest selling drug worldwide in 2022, is being developed for international markets in partnership with the Government of Brazil. The Company is also developing plant-made pharmaceuticals for exposure to chemical weapons, such as prophylactic protection against nerve agents such as sarin gas, and a plant-made antidote to ricin, which is potentially 6,000 times more deadly than cyanide and for which there is currently no antidote. With global headquarters in San Francisco and principal offices in Dallas, Philadelphia, Miami, New York, London, and Dubai, US Capital Global is a full-service global private financial group with an established track record in corporate finance, asset management, and capital formation services. All private placements, ...Full story available on Benzinga.com