Arix Bioscience edges higher after positive news from one of its portfolio companies
Arix is a global venture capital company focused on investing in and building breakthrough biotech companies
Company
LON:ARIX
Arix Bioscience is a global venture capital company focused on investing in and building breakthrough biotech companies around cutting edge advances in life sciences. The company collaborates with exceptional entrepreneurs and provide the capital, expertise and global networks needed to help accelerate their ideas into important new treatments for patients. As a listed company, it aims to bring this growth phase of the industry to a broader range of investors.
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Arix is a global venture capital company focused on investing in and building breakthrough biotech companies
Autolus shares have been hampered in recent months as investors waited for Woodford to unload his stake in the firm, causing a knock-on effect for Arix
There are lots of data readouts and new trial starts pencilled in for the next 18 months
Essentially, immuno-oncology involves developing drugs that use the body’s own immune system to fight cancers
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A glance at some of the day's highlights from the Proactive Investors newswire
The total of US$109mln is more than Autolus had originally set out to raise from the market
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The premier UK share index finished around 33 points higher at 7,469
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A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
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Autolus said earlier this week it was looking to raise money from investors, and it has today confirmed plans to raise US$100.8mln through the issue of 4.2mln shares at US$24 each
Investments and investor services
A look at the day's major movers, including The Mission Marketing Group, Sirius Minerals, 7digital, Nuformix, Defenx and Shearwater
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A glance at some of the day's highlights from the Proactive Investors newswire
The final price has not yet been set but Autolus is planning on issuing up to 4.6mln American Depositary Shares (ADS) as part of the offering
Investments and investor services
The International Monetary Fund issued a warning, saying a "no-deal" Brexit would send the British economy into severe shock
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A glance at some of the day's highlights from the Proactive Investors newswire
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The venture capital company committed £3.4mln to Aura Biosciences' Series D financing round
After one month, eight of the nine patients who could be evaluated in the study reported a molecular complete response or no evidence of cancer via CT or PET imaging
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A look at the day's major movers, including Ironveld, Brave Bison, Pebble Beach, Zanaga, Debenhams, 7digital and Diurnal
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A glance at some of the day's highlights from the Proactive Investors newswire