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£2.5m fundraise will help research into malaria cures

Date added: 17/02/2016









RESEARCH and development specialists Arcis Biotechnology says it has raised £2.5m in an oversubscribed fundraise, supported by existing shareholders and new investors. Now valued at circa £15m, the company based at Daresbury in Cheshire will continue to commercialise its ground-breaking R&D-led portfolio of products, including its novel malaria diagnostic which is intended to help detect the disease quickly, in its very early stages, and at a low cost. Peter Whitehurst, chief executive of Arcis Biotechnology, said: ...

Read more at thebusinessdesk.com



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