Proximagen shores up business with £50 million placing
05 June 2009
Simon Varcoe
Proximagen Neuroscience, the UK biopharmaceutical company, is to raise £50 million through the placement of nearly 36 million new ordinary shares of 1 pence each at a price of £1.40 per share.
The fundraising is one of the largest that the UK biotech sector has seen for many years....
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