Nanomedicine firm Nanobiotix, a spinoff from the University of Buffalo, raises $18.1m in its initial public offering.

Nanobiotix, a France-based nanomedicine spinoff from the University of Buffalo (UB), has raised €14.2m ($18.1m) in its initial public offering. Trading under the ticker code “NANO” on the NYSE Euronext, the Paris-based firm is trading 8,053,880 existing shares and 2,361,607 new shares at an issue price set at €6 a share. Market capitalisation was around…

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