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Scancell welcomes strategic new investor Vulpes Life Sciences Fund

Scancell Holdings PLC (LON:SCLP) CEO Cliff Holloway caught up with Proactive London's Andrew Scott following the announcement they'd raised £3.88mln via a placing with a single new investor to help fund the progression of its lead cancer asset into clinical trials.

The Vulpes Life Sciences Fund will now have a 16.67% stake in the company when the shares are issued next Monday.

Quick facts: Scancell Holdings PLC

Price: 5.55 GBX

LSE:SCLP
Market: LSE
Market Cap: £25.83 m
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Scancell Holdings CEO discusses new research programme into coronavirus vaccine

Scancell Holdings PLC's (LON:SCLP) Cliff Holloway speaks to Proactive London's Andrew Scott after revealing it's begun a research programme to develop a vaccine for the coronavirus. The project, to be led by the company’s chief scientific officer Lindy Durrant, will aim to use the company’s...

on 24/4/20

2 min read