Stem to Go Ahead with Flotation

The HeraldJune 23, 2005

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Summary


STEM Cell Sciences, the Scottish biotech firm which began in Australia, is pressing ahead with a summer flotation despite difficult market conditions which have derailed and delayed similar offerings.

The Edinburgh-based company yesterday unveiled plans to raise pounds-10m by floating on London's junior Alternative Investment Market next month to fund research which has stirred global controversy.

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Stem to Go Ahead with Flotation

SCS said it would use the money to set up a subsi...

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