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Arix To Nurture Next Generation Biotechs After UK IPO

 
• By John Davis

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.

Arix Bioscience
(From Left) Arix's Sir Chris Evans, Joe Anderson and Jonathan Peacock

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.

Life science initial public offerings (IPOs) on the UK Stock Exchange have been few and far between over past months, and scarce across European bourses for that matter, knocked back by political uncertainty,

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