Cambridge biopharma business Arecor made a stunning bow on London’s AIM market today as its share price immediately grew wings.
Arecor market cap soars to c$100m after IPO
At one stage in the early flurry of dealings the market cap had soared to $98.9 million.
The stock debuted at 226p but peaked at 250p at the height of activity: As exclusively predicted in Business Weekly mid-May, the UK business raised £20 million in an oversubscribed round.
Arecor is transforming patient care by bringing innovative medicines to market through the enhancement of existing therapeutic products.
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