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BioMedica was established in 1995 as a spin-out from Oxford
University.
To date, the Company has raised a total of £117 million (US$189
million) to fund its research and clinical programmes.
The IPO on the
Alternative Investment Market of the London Stock Exchange in December
1996 raised £5.1 million.
A further £6
million was raised by a rights issue and placing in March/April
1998, £3.6 million by a rights issue in March 1999, £5.2
million in a Placing in January 2000 and £8.8 million in a
Placing in August 2000.
Oxford BioMedica’s
move to the official list of the London Stock Exchange was completed
in April 2001 along with a £35.5 million fund raising, before
costs, from a placing and open offer.
A Rights Issue
for £22.1
million, before costs, was completed in October 2003. A further
share offering in December 2005 raised £30.1 million before expenses,
including an investment of £2.9 million by Sigma-Aldrich.
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