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Lifeline Scientific seeks AIM listing; plans to raise about 7 mln stg


Published : Mon, 17 Sep 2007 10:55
By : Agencies
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LONDON (Thomson Financial) - Lifeline Scientific Inc said it plans to seek admission to London's AIM via an institutional placing to raise about 7 mln stg, adding its market capitalisation upon listing would be about 32 mln stg.

The company said the proceeds from its initial public offering will principally be used to fund the full commercial launch of its lead product, LifePort Kidney Transporter -- a machine-perfusion device for kidneys.

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