Sept 30 (Reuters) - Vectus Biosystems Ltd (VBS) :
- ISSUED TRANCHE 1 OF 3,000,000 CONVERTIBLE NOTES AT $0.50 WHICH RAISED $1.5 MILLION
- TRANCHE 1 IS FIRST STAGE OF A CONVERTIBLE NOTE ISSUE TO RAISE A TOTAL AMOUNT OF $7 MILLION
- FUNDS WILL BE USED TO COMPLETE PHASE I CLINICAL TRIALS FOR VB0004