Anthony Tiarks, chairman and CEO of Parabel, said: “This transaction will be important, not only in helping to finance the company’s aggressive commercialisation plans, but also in terms of strategically positioning Parabel in critical markets in Africa, Asia and the Middle East.
“I am delighted to confirm this substantial injection of funds into Parabel, and I am excited about the opportunity to work closely with our partner in Abu Dhabi to enable the company to achieve its significant commercial potential.”
Source: Parabel
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