UK Investment Life Sci Firm Arix Bioscience Hits £100 Million IPO Goal

Arix Bioscience (LON:ARIX) rose to a modest premium in the first hour of trading in London.

The shares, listed at 207p, advanced 3p on thin volumes.

Arix raised £100mln as part of the float – money that will be ploughed into early-stage drug developers and university partnerships.

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