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Biofusion floats on LSE's AIM

Executive Summary

Biofusion PLC, a company which spun-out from the University of Sheffield in 2002, has raised £8.2mm ($15.5mm) with its initial public offering of about 5.5mm common shares priced at £1.50 each. The company will trade on London's AIM. It originally hoped to raise £10mm.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Financing
    • IPO

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