RedHill Biopharma Ltd (RDHL)

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RedHill Biopharma Ltd. (Nasdaq: RDHL) (“RedHill” or the “Company”), a specialty biopharmaceutical company, today informs its investors that it does not have exposure to Silicon Valley Bank. The Company or its subsidiaries do not hold cash, cash equivalents, restricted cash, securities or investments at Silicon Valley Bank, and do not otherwise have a business relationship with Silicon Valley Bank.