Biochemical Engineering Special Interest Group
biological engineering professionals
05 April 2017

Abzena to raise £25m

Abzena plc, the life sciences group providing services and technologies to enable the development and manufacture of biopharmaceutical products, announces its intention to undertake a placing to raise approximately £25 million. Abzena will use the net proceeds of the Placing to upgrade and grow its US based biomanufacturing facilities and capabilities, invest in its existing biology, chemistry and biomanufacturing services in the UK and US and invest in the Group’s sales and business development functions. Source: Abzena press release 5/4/2017

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