With our newsletters and social media channels. All information is provided free of charge, 'as-is', and you use it at your own risk. Since the first emergence of the virus, Oxford Nanopore's rapid, portable sequencing technology has been used extensively for Covid-19 epidemiology and scientific research," said IP Group Chief Executive Alan Aubrey. Biotech company Oxford Nanopore Technologies has approached investors in a bid to raise new funds at a valuation of £1.6 billion (around $2.1 billion), per The Sunday Times. We are joined by guest speakers from Orosur Mining, Savannah Resources, Rainbow Rare Earths and Goldplat. While London South East do their best to maintain the high quality of the information displayed on this site, we cannot be held responsible for any loss due to incorrect information found here. Intellectual property commercialisation company IP owns 15.8% of Oxford Nanopore, which is was spun out of the city’s university in 2005, and its shares rose 11% to 74p. (Sharecast News) - Intellectual property investor IP Group announced on Wednesday that its autonomous vehicle software portfolio company Oxbotica has raised £36m of new capital in a series B round, from both new and existing investors. The intellectual property commercialisation company said Oxford Nanopore's new LamPORE assay is designed to be rapid-low-cost and scalable, allowing it to cater to either very small samples or a larger number of samples. (Alliance News) - IP Group PLC on Friday said its portfolio company Oxford Nanopore Technologies Ltd is in advanced development of a new Covid-19 detection test. The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates. Are you sure you want to delete this comment? IP Group slumps as Invesco sells 61.9m shares, IP Group's Oxbiotica raises £36m in series B round, IP Group's Artios signs research deal with Merck, IP Group portfolio firm Oxford Nanopore raises another £84.4m, IP Group portfolio business offloads cystic fibrosis treatment programme to Roche. You can find our Community Guidelines in full here. Neill Ricketts, chief executive of Versarien, said: “We have taken great encouragement from the initial level of interest and are already in discussions with a number of other potential customers. It has received orders for 120,000 of its masks which minimise the spread of the virus. For example, Google stock for 10 years increased 13 times (1294 percent): if you invested 10 thousand dollars in Google stock during the IPO 10 years ago, today their value would exceed 139 thousand 458 dollars. monthly and annualsubscriptions available. (Sharecast News) - Intellectual property company IP Group said on Wednesday that portfolio group Enterprise Therapeutics' TMEM16A cystic fibrosis treatment programme had been acquired by Swiss pharmaceutical giant Roche. Oxford Nanopore Technologies Stock. According to the article, Woodford was hoping to pay the investors of his frozen fund from IPO cash of Oxford Nanopore, but the IPO market would not accept his expected valuation of Oxford Nanopore. IP Group plc (LSE: IPO) ("IP Group" or "the Group"), the developer of intellectual property-based businesses, notes that its portfolio company Oxford Nanopore Technologies Limited (“Oxford Nanopore”) has announced that it has raised £29.3 million of new capital and facilitated the secondary sale of £80.2 million of shares, an aggregate investment of £109.5 million. In addition, in late 2020 Oxford Nanopore generated modal single-read accuracy of 99.1% (99%=Q20) using a new chemistry with Bonito, delivered on internal validation sets, with a substantial proportion of these raw reads above Q20. Developer of a new generation of DNA/RNA sequencing technology designed to enable the analysis of any living thing, by … London Stock Exchange plc is not responsible for and does not check content on this Website. As per some media report, post Oxford Nanopore pitched Mr Neil Woodford, the founding partner of Woodford Investment Management, about their debut in the stock exchange within the next twelve months, the fund manager sold Nanopore's 2.15 million shares back to the company, which were then cancelled and reissued by the company as new securities. Oxford Nanopore's sequencing technology has been supplied and used extensively in rapid pathogen surveillance across a number of centres, to understand the epidemiology of outbreaks including Ebola, Zika, Lassa and Yellow fever, and most recently it has also been used worldwide in the surveillance of COVID-19. Explore our scalable DNA sequencing products and services including the portable MinION and powerful PromethION. Manage your personalised Watchlist.Set up an online Virtual Portfolio.Participate in Share Chat.See more trades and director dealings.Play the Fantasy Share Trading Game. At 8:41am: (LON:IPO) Ip … For one, the $8 per share offer represents a 77% premium over Pacific’s closing price yesterday – but it is well below Pacific’s 2010 $16 IPO price. IP Group plc (LSE: IPO) ("IP Group" or "the Group"), the developer of intellectual property-based businesses, notes that its portfolio company Oxford Nanopore Technologies Limited ("Oxford Nanopore") has announced that it has raised GBP29.3 million of new capital and facilitated the secondary sale of GBP80.2 million of shares, an aggregate investment of GBP109.5 million. Don't have an account? ... Buy oxford nanopore stock you can from brokers or on specialized sites. View More Companies. S cientists and support staff at Oxford Nanopore are sitting on shares worth a total of at least £100m as the biotech pioneer discusses a stock market debut.. EquityZen is a marketplace for shares of proven pre IPO tech companies. IP Group stock was trading 3.6% higher at 60.00 pence each on Friday morning in London. (Sharecast News) - IP Group slid on Thursday after Invesco sold 61.9m shares in the company in a placing. Oxford Nanopore in development of covid19 test . IN BRIEF: IP Group's Hinge Health Completes Funding Round, UK WINNERS & LOSERS SUMMARY: Greggs Tops 250s Despite Profit Caution, UK BROKER RATINGS SUMMARY: Berenberg Raises Vodafone To Buy, IP Group Invests GBP4.0 Million In Oxbotica Series B Funding Round. Datafeed and UK data supplied by NBTrader and Digital Look. Oxford Nanopore Technologies Limited ('Oxford Nanopore'), a leading next generation DNA/RNA sequencing technology company and SourceBio International plc ('SourceBio'), an international provider of integrated state of the art laboratory services and products, announce a … The potential deal would reportedly offer hopes of an alternative exit route for investors in Equity Income Fund, the beleaguered vehicle of disgraced British fund manager Neil Woodford. (Sharecast News) - IP Group said its Artios portfolio company had signed a research deal with Merck of Germany that could more than double the value of the investment company's stake. TOP NEWS: IP Group Notes Roche's Enterprise Therapeutics Program Buy, LONDON BRIEFING: Tesco Profits Surge Amid Stocking Up By Consumers. The Oxford University genetic sequencing spinout is reportedly mulling an IPO that would provide exits to investors including commercialisation firm IP Group. Source: statista.com In spring this year, the company announced to investors that it was planning a stock market listing through an IPO. Alan Aubrey, chief executive of IP Group, said: "The roll-out of LamPORE, the company's first diagnostic assay, is a significant development for Oxford Nanopore and in the battle against COVID-19 in the UK. Hardman Healthcare Index - Life Sciences, where the smart money was in an 'exceptional' 2020. Oxford Nanopore owner IP and Versarien stocks surge as Covid-19 battle steps up. Illumina’s megabucks purchase of its genome sequencing rival, Pacific Biosciences, has raised eyebrows for various reasons. Click here to register. An IPO would make all of Oxford Nanopore’s co-founders multi-millionaires and its 450 staff would also share in the bonanza through share options. ... IP Group says Oxford Nanopore Technologies raises £84.4m to support manufacturing push Oxford Nanopore has now seen SNV at 99.92%, which is comparable to traditional SBS accuracy. We are proud that Oxford Nanopore has been supplying countries all over the world with sequencing capability throughout this pandemic to help support the response to the crisis.". View the latest IPO stock quote and chart on MSN Money. Released 07:00:09 22 May 2020 22 May 2020. IP Group Says Investee Oxford Nanopore Developing New Covid-19 Test. The virus crisis has seen a clutch of small biotech stocks surge in value as the hunt to stem the virus continues. (Sharecast News) - Intellectual property-based business investor IP Group announced on Tuesday that its portfolio company Oxford Nanopore Technologies has raised an additional £84.4m of new capital from existing and new investors, including International Holdings Company (IHC) and RPMI Railpen. Importantly, through our partner, we also have the capacity to fulfil much larger numbers of product orders going forward.". All Rights Reserved. Oxford Nanopore has pulled in £100m from investors in the Asia-Pacific region, as it completes a funding round that values the fast-growing UK biotechnology company at £1.5bn. Nanopore-Based Electronic Systems. Oxford Nanopore Evaluates IPO Opportunities June 30, 2018 / by admin Hong Kong 6/18/18 —The South China Morning Post reports that DNA sequencer firm Oxford Nanopore Technologies is considering listing on the London and Hong Kong stock exchanges. "Oxford Nanopore has been supplying countries all over the world with sequencing capability throughout this pandemic and it's exciting to see the first diagnostic assay developed in-house, using their expertise, technology and networks to help support the response to this crisis. Oxford Nanopore Technologies’ products are taking genome sequencing out if the lab with portable devices. UK WINNERS & LOSERS SUMMARY: SSE Rises On Energy-From-Waste Sale, IP Group's Oxford Nanopore Raises New Cash Amid Virus Test Progress. The story is intricately linked to the expected IPO of Oxford Nanopore as The Telegraph reports in “Neil Woodford’s plan to float Oxford Nanopore looks ‘increasingly like a daydream’”. IP Group highlighted that the test is the first to be developed by the company intended for use in diagnostic applications, adding that it is currently working to secure approvals. Separately, AIM-listed engineering group Versarien saw its stock increase 10% to 45p on launching a graphene-enhanced protective facemask. ... Oxford Nanopore Technologies, is working with the Department of Health to roll out its Lampore test. London Stock Exchange. However, possibly influenced by the travails of several high profile, loss-making technology companies that have gone to IPO this year, it looks as though Oxford Nanopore has had a change of heart. ... IP Group's Oxford Nanopore Raises New Cash Amid Virus Test Progress. FTSE 250 firm IP Group said one of the companies in its portfolio, Oxford Nanopore Technologies, is working with the Department of Health to roll out its Lampore test. However, the company is not without competition in its sector. Find the latest Oxford Immunotec Global PLC (OXFD) stock quote, history, news and other vital information to help you with your stock trading and investing. 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