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Benitec Biopharma readies to raise cash

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Benitec Biopharma (ASX:BLT) has been granted a trading halt by the ASX pending capital raising details.

Benitec has developed a patented gene-silencing technology called ddRNAi, which it has already licensed to other companies for applications including HIV/AIDS, Huntington's Disease, chronic neuropathic pain and retinitis pigmentosa.

The halt will remain in place until the opening of trade on Thursday 20th August 2015, or earlier if an announcement is made to the market.

 

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Quick facts: Benitec Biopharma

Price: 0.041 AUD

ASX:BLT
Market: ASX
Market Cap: $12.83 m
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