Temasek-backed Covid-19 test provider Oxford Nanopore soars in London trading debut

Bloomberg2021-09-30

[LONDON] DNA-sequencing company Oxford Nanopore Technologies rose as much as 32 per cent as it started trading in London, buoyed by a pandemic boost and strong demand for fast-growing tech stocks in ...

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精彩评论

Mtan23
2021-09-30
Mtan23
Nice
Victorya
2021-09-30
Victorya
Ok
GinOng
2021-09-30
GinOng
Well done!
- GinOng:
  Its good for stakeholders

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The IPO valued Oxford Nanopore at £3.4 billion (S$6.22 billion).\nOxford Nanopore raised £350 million selling new stock, while its backers offloaded existing shares worth £174 million, according to a statement Thursday.\nThe shares were priced in the the top half of the range at which they were marketed. The University of Oxford spinoff's holders sold more shares in the IPO than planned due to high demand.\nThe Oracle-backed company provides Covid-19 test kits to Britain's National Health Service, and its sequencing technology has been used by researchers to characterise the genome of the Sars-CoV-2 virus to identify and track variants.\nOxford Nanopore has added about US$1 billion to its market value since its last funding round in May, placing it among the UK's most valuable startups. 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