Edison Investment Research - Trillium Therapeutics (TRIL) Update: US$55m financing extends runway and flexibility

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Edison Investment Research

Update: US$55m financing extends runway and flexibility

Trillium raised US$55.2m (gross) through an offering of 1.751m common shares and 1.078m convertible preferred shares, at US$19.50 per share. We believe Trillium can fund lead asset SIRPaFc through Phase II trials and it will expand preclinical SIRPaFc work in cancers beyond acute myeloid leukemia (AML). Data presented at AACR 2015 confirm that SIRPaFc does not bind CD47 on human red blood cells (hRBCs), aiding its safety profile.

20/05/2015 7 EN

Underlying

Trillium Therapeutics

Trillium Therapeutics is a Canadian public company developing stem cell-based therapies for cell therapy and regenerative medicine from academic sources for the purpose of commercialization.

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CA89620X5064 Toronto Stock Exchange Canada

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Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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