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Epigenomics raises €33mm through private placement

Executive Summary

Epigenomics AG (molecular diagnostics for cancer) raised €33mm ($45mm) through the oversubscribed private sale of 14.7mm shares at €2.25 each (a 15% discount). Existing investor Abingworth was one of the participants, and as a result of its purchase is now the company's largest shareholder. Other returning and new buyers also took part.
Deal Industry
  • Biotechnology
    • Pharmacogenetics-Pharmacogenomics
  • In Vitro Diagnostics
    • Molecular Diagnostics & Genetic Testing
Deal Status
  • Final
Deal Type
  • Financing
    • Private Investment in Public Biotech
    • Private Placement

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