Redx Pharma set to raise £20m with AIM float
Date added:
12/01/2015
LIVERPOOL and Cheshire drug discovery company Redx Pharma is to become the first North West business to go public in 2015 as it revealed plans to raise £20m through an AIM listing. Shares in the company, which has 140 employees including 120 scientists at its two bases, will begin trading in early February. Post fund-raising the business will be valued between £60m to £80m. Redx has appointed Shore Capital as its nominated adviser and broker (NOMAD). In the year to the end of September Redx, which was founded in 201...
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