Dutch-based Pharming Group reveals €41M tied to collapsed Silicon Valley Bank
Summary
Leiden-based biopharmaceutical company Pharming Group said in a statement on Sunday, March 12, that it has deposits of $45M (€41M) with $26M in Silicon Valley Bank US and $19M in Silicon Valley Bank UK. The statement comes post the collapse of Silicon Valley Bank, often referred to as the bank of startups.
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