NetScientific’s Glycotest to complete recent fundraising later this year
US-based Glycotest had initially hoped to have the funding round completed by the end of June
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LON:NSCI
EMV Capital plc is a deep tech and life sciences venture capital investment group with an international portfolio of high-growth companies. With a strategic focus on generating superior returns for investors from the fast-growing sectors and technologies that will define our future, the group invests in, manages, and strengthens early stage IP-rich companies.
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US-based Glycotest had initially hoped to have the funding round completed by the end of June
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A placing and subscription at 45p will raise £8.1mln, while a further £1.5mln can come from a private placing
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These studies are designed to provide proof of principle that biomarkers used for tumour biopsises can be adapted for circulating tumour cells (CTCs).
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The board will continue to evaluate new pipeline opportunities but the focus in 2017 will be on growing what it has already got