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Page 172

Illumina decodes BlueBee acquisition

TU Delft and Imperial-founded genetic data analytics software provider BlueBee has been picked up after raising at least $13.5m of funding.

Jun 19, 2020

Stockwell presses the stop button

The Alphabet-backed smart vending operator is set to close down in the next two weeks having been valued at $100m in its last round.

Jun 18, 2020

Biofrigas cooks up $1.7m IPO

Chalmers Ventures portfolio company Biofrigas has set out plans for a $1.7m IPO but has already issued around $1.2m to existing connections.

Jun 18, 2020

Forma Therepeutics prepares for public markets

Novartis and Eli Lilly are set to score exits from the cancer and blood disease drug developer in an initial public offering set to raise up to $212m.

Jun 17, 2020

Proteus Digital produces bankruptcy filing

The move came after the digital health technology provider, which has a raft of corporate investors, reportedly failed to raise a nine-figure round last year.

Jun 17, 2020

Burning Rock blazes a trail on to public markets

The Legend Holdings and Eli Lilly-backed cancer diagnostics technology developer floated above its range to raise $223m and its shares have since risen 40%.

Jun 16, 2020

Vaxcyte racks up $250m in IPO

Vaccine developer Vaxcyte has floated in an upsized initial public offering having raised $110m in a Roche-backed round just three months ago.

Jun 16, 2020

Palantir puts IPO plans on the front burner

The Relx-backed big data analyser is reportedly lining up a confidential IPO filing in the coming weeks having previously raised $1.9bn in equity funding.

Jun 15, 2020

Avidity achieves $259m initial public offering

Muscle disease drug developer Avidity, which counts Eli Lilly, EMS, Takeda and ST Pharm as investors, went public in a significantly upized IPO.

Jun 15, 2020

Novo to capture Corvidia in $2.1bn deal

AstraZeneca and Fresenius Medical Care will exit the kidney disease treatment developer in a $725m acquisition that could potentially rise to $2.1bn.

Jun 12, 2020
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