BRIEF-Rhinomed Ltd says raises A$2.5 mln

Feb 20 (Reuters) - Rhinomed Ltd RNO.AX :

* Raises A$2.5 million to accelerate drug delivery program

* Placement of 60 million new fully paid ordinary shares at an issue price of

A$0.042 per share

* "Funds raised enables the company to accelerate the drug delivery program

focused on the delivery of sumatriptan using the breatheassist technology

platform"

* Source text for Eikon News Search ID:nASX7HNZMn

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