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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,...

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