A year-old healthcare and life science operating company, Arix Bioscience PLC, has announced its intention to raise up to £100m ($125m) in an IPO on the main market of the London Stock Exchange, driven by what it sees as a burgeoning demand from universities, small companies and research accelerators for financial and operational support to develop a veritable flood of good ideas for new therapeutics.
Arix To Nurture Next Generation Biotechs After UK IPO
The supply of "permanent" capital and the desire to be involved operationally in new life science companies are some of the aims of Arix Bioscience, a UK company aiming to float on the London Stock Exchange, possibly by the end of this month.
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