Intuitive Investments Group PLC - closed-end investment company focused on life sciences sector - Invests GBP250,000 in Axol Bioscience Ltd - which produces human cell products, particularly in relation to pluripotent stem cell and reagents such as media and growth supplements, which are sold to medical research organisations.
Investment is part of GBP3.6 million funding round as part of Axol reversing into Censo Biotechnologies Ltd. Intuitive Investments will hold 2.6% in the enlarged group.
Current stock price: 21.40 pence
Year-to-date change: down 3.8%
By Dayo Laniyan; dayolaniyan@alliancenews.com
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Intuitive Inv (IIG)