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Pharma & Biotech

Ondine Biomedical starts trading on AIM

The Canadian company has pioneered a new non-antibiotic antimicrobial technology that rapidly destroys pathogens without causing resistance

Ondine Biomedical Inc said its shares started trading on London’s AIM market today.

The Canadian company has pioneered a new non-antibiotic antimicrobial technology called photodisinfection which rapidly destroys pathogens - including SARS-CoV-2 - without causing resistance.

It made its debut in London with a market value of £104mln, City AM reported.

Ondine raised around £23mln prior to the listing.

Shares were trading at 58p midmorning.

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