Phoenix Solutions AS completes its Series B financing:

The Board of Directors of Phoenix Solutions is pleased to announce that the company has completed a series B financing led by current shareholder, Investinor AS and an expanded group of healthcare angel investors. CEO Per Sontum; "We are very pleased to announce this second round of financing which, including the recently awarded BIA program from RCN, will give us the ability to meet a key developmental milestone; start of a clinical phase I/IIa program for treatment of non-resectable pancreatic cancer in 2018".