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Stem Cell Sciences to seek listing on Alternative Investment Market, raise £10 million
By Jennifer Chiou
New York, June 24 - BioTech Capital announced Stem Cell Sciences Ltd. has notified the London Stock Exchange it intends to obtain a listing on the Alternative Investment Market.
Collins Stewart plc will be advisor and broker in Stem Cell's effort to raise up to £10 million.
Timing and pricing on the deal are yet to be determined.
Sydney, Australia-based BioTech Capital, a private equity fund focused on life science, has a 15.7% stake in Stem Cell, which is based in Edinburgh, Scotland.
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