Scinai Awarded Israel Innovation Authority Grant to Expand Fill-and-Finish CDMO Capabilities [Yahoo! Finance]
Scinai Immunotherapeutics Ltd. - American Depositary Shares (SCNI)
Company Research
Source: Yahoo! Finance
capabilities, addressing a critical need among early-stage biotech companies in Israel and abroad JERUSALEM Oct. 6, 2025 /PRNewswire/ -- Scinai Immunotherapeutics Ltd. (NASDAQ: SCNI) ("Scinai" or the "Company"), a biopharmaceutical company with a growing boutique contract development and manufacturing organization (CDMO) business unit, Scinai Bioservices, today announced that it has been awarded a non-dilutive grant of approximately NIS 809,000 (about ) from the Israel Innovation Authority (IIA). The grant will fund approximately 66% of a NIS 1.23 million project aimed at acquiring and installing an advanced fill-and-finish system for sterile manufacturing. This investment addresses a major industry gap, as most early-stage biotech companies in Israel lack access to local, flexible, small-scale GMP manufacturing. As a result, many are forced to outsource overseas at high cost, with long lead times and limited control. Designed to accommodate diverse primary packaging formats with mi
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SCNI
Sec Filings
- 12/2/25 - Form 6-K
- 11/12/25 - Form S-8
- 10/6/25 - Form 6-K
- SCNI's page on the SEC website