Oxford Nanopore's approach takes long genetic sequences, passes them through a single protein channel (a "nanopore"), and reads the alphabet in … Source: statista.com In spring this year, the company announced to investors that it was planning a stock market listing through an IPO. With our newsletters and social media channels. Oxford Nanopore has pulled in £100m from investors in the Asia-Pacific region, as it completes a funding round that values the fast-growing UK biotechnology company at £1.5bn. The intellectual property commercialisation company said Oxford Nanopore's new LamPORE assay is designed to be rapid-low-cost and scalable, allowing it to cater to either very small samples or a larger number of samples. ... IP Group's Oxford Nanopore Raises New Cash Amid Virus Test Progress. According to the article, Woodford was hoping to pay the investors of his frozen fund from IPO cash of Oxford Nanopore, but the IPO market would not accept his expected valuation of Oxford Nanopore. At 8:41am: (LON:IPO) Ip … (Sharecast News) - IP Group said its Artios portfolio company had signed a research deal with Merck of Germany that could more than double the value of the investment company's stake. Oxford Nanopore owner IP and Versarien stocks surge as Covid-19 battle steps up. IP Group Notes CE Mark For Oxford Nanopore's LamPORE Covid-19 Test. Explore our scalable DNA sequencing products and services including the portable MinION and powerful PromethION. EquityZen is a marketplace for shares of proven pre IPO tech companies. Are you sure you want to delete this comment? (Sharecast News) - Intellectual property-based business investor IP Group announced on Tuesday that its portfolio company Oxford Nanopore Technologies has raised an additional £84.4m of new capital from existing and new investors, including International Holdings Company (IHC) and RPMI Railpen. Company profile page for Oxford Nanopore Technologies Ltd including stock price, company news, press releases, executives, board members, and contact information Developer of a new generation of DNA/RNA sequencing technology designed to enable the analysis of any living thing, by … Datafeed and UK data supplied by NBTrader and Digital Look. Oxford Nanopore's real-time DNA/RNA sequencer was being used extensively for epidemiology and research purposes in the current Covid-19 pandemic. Hardman Healthcare Index - Life Sciences, where the smart money was in an 'exceptional' 2020. However, the company is not without competition in its sector. Manufactured in China, the company said the mask orders were for 100,000 units from a "leading unversity" and "20,000 ordered by a UK electrical and mechanical servicing and repairs business". Financial News ... IP Group stock was trading 3.6% higher at 60.00 pence each on Friday morning in London. View the latest IPO stock quote and chart on MSN Money. IPO Share News. IP Group plc (LSE: IPO) ("IP Group" or "the Group"), the developer of intellectual property-based businesses, notes that its portfolio company Oxford Nanopore Technologies Limited (“Oxford Nanopore”) has announced that it has raised £29.3 million of new capital and facilitated the secondary sale of £80.2 million of shares, an aggregate investment of £109.5 million. IP Group holds a 16% stake in Oxford Nanopore Technologies, which is an Oxford University spin-out focused on nanopore-based electronic molecular analysis systems. IP Group plc (LSE: IPO) ("IP Group" or "the Group"), the developer of intellectual property-based businesses, notes that its portfolio company Oxford Nanopore Technologies Limited ("Oxford Nanopore") has announced that it has raised GBP29.3 million of new capital and facilitated the secondary sale of GBP80.2 million of shares, an aggregate investment of GBP109.5 million. Released 07:00:09 22 May 2020 22 May 2020. Oxford Nanopore Technologies Stock. Our latest webinar starts on Tuesday 26 January at 18:00. London South East does not authorise or approve this content, and reserves the right to remove items at its discretion. The story is intricately linked to the expected IPO of Oxford Nanopore as The Telegraph reports in “Neil Woodford’s plan to float Oxford Nanopore looks ‘increasingly like a daydream’”. View recent trades and share price information for IP Group Plc (IPO) Ord 2p However, the Oxford company’s success has been accompanied by an equally impressive series of legal disputes with US competitors Illumina and PacBio since 2016. Alan Aubrey, chief executive of IP Group, said: "The roll-out of LamPORE, the company's first diagnostic assay, is a significant development for Oxford Nanopore and in the battle against COVID-19 in the UK. All Rights Reserved. As per some media report, post Oxford Nanopore pitched Mr Neil Woodford, the founding partner of Woodford Investment Management, about their debut in the stock exchange within the next twelve months, the fund manager sold Nanopore's 2.15 million shares back to the company, which were then cancelled and reissued by the company as new securities. All information is provided free of charge, 'as-is', and you use it at your own risk. Don't have an account? London Stock Exchange plc is not responsible for and does not check content on this Website. Find the latest Oxford Immunotec Global PLC (OXFD) stock quote, history, news and other vital information to help you with your stock trading and investing. Oxford Nanopore Evaluates IPO Opportunities June 30, 2018 / by admin Hong Kong 6/18/18 —The South China Morning Post reports that DNA sequencer firm Oxford Nanopore Technologies is considering listing on the London and Hong Kong stock exchanges. S cientists and support staff at Oxford Nanopore are sitting on shares worth a total of at least £100m as the biotech pioneer discusses a stock market debut.. Oxford Nanopore Technologies valuation is $1.6 b, and annual revenue was £32.52 m in FY 2018. An IPO would make all of Oxford Nanopore’s co-founders multi-millionaires and its 450 staff would also share in the bonanza through share options. Oxford Nanopore General Information Description. (Alliance News) - IP Group PLC on Friday said its portfolio company Oxford Nanopore Technologies Ltd is in advanced development of a new Covid-19 detection test. (Sharecast News) - Intellectual property investor IP Group announced on Wednesday that its autonomous vehicle software portfolio company Oxbotica has raised £36m of new capital in a series B round, from both new and existing investors. Biotech company Oxford Nanopore Technologies has approached investors in a bid to raise new funds at a valuation of £1.6 billion (around $2.1 billion), per The Sunday Times. View Oxford Nanopore Technologies stock / share price, financials, funding rounds, investors and more at Craft. Oxford Nanopore Technologies - Stock Sales | Pre-IPO Unicorn Share Secondary Prices SoFi - Buy or Sell Pre-IPO Stock or Employee and Founder Share Options SpaceX - Sale of Unicorn Private Founder | Employee and Private Company Shares Prices The latest IP Group Plc (IPO) Ord 2p share price (IPO). IP Group Says Investee Oxford Nanopore Developing New Covid-19 Test. (Sharecast News) - Intellectual property company IP Group said on Wednesday that portfolio group Enterprise Therapeutics' TMEM16A cystic fibrosis treatment programme had been acquired by Swiss pharmaceutical giant Roche. Our goal is to enable the analysis of any living thing, by any person, in any environment. nvestors have piled into two London-listed groups which are battling the spread of coronavirus. Oxford Nanopore Technologies has raised $975.47 m in total funding. Oxford Nanopore has now seen SNV at 99.92%, which is comparable to traditional SBS accuracy. You can find our Community Guidelines in full here. IP Group's Artios Lands Bumper Oncology Pact With Merck KGaA. Since the first emergence of the virus, Oxford Nanopore's rapid, portable sequencing technology has been used extensively for Covid-19 epidemiology and scientific research," said IP Group Chief Executive Alan Aubrey. Oxford Nanopore Technologies Limited ('Oxford Nanopore'), a leading next generation DNA/RNA sequencing technology company and SourceBio International plc ('SourceBio'), an international provider of integrated state of the art laboratory services and products, announce a … Request Access. In addition, in late 2020 Oxford Nanopore generated modal single-read accuracy of 99.1% (99%=Q20) using a new chemistry with Bonito, delivered on internal validation sets, with a substantial proportion of these raw reads above Q20. Website users are responsible for checking content. For one, the $8 per share offer represents a 77% premium over Pacific’s closing price yesterday – but it is well below Pacific’s 2010 $16 IPO price. Illumina’s megabucks purchase of its genome sequencing rival, Pacific Biosciences, has raised eyebrows for various reasons. The potential deal would reportedly offer hopes of an alternative exit route for investors in Equity Income Fund, the beleaguered vehicle of disgraced British fund manager Neil Woodford. ... IP Group says Oxford Nanopore Technologies raises £84.4m to support manufacturing push UK WINNERS & LOSERS SUMMARY: SSE Rises On Energy-From-Waste Sale, IP Group's Oxford Nanopore Raises New Cash Amid Virus Test Progress. "Oxford Nanopore has been supplying countries all over the world with sequencing capability throughout this pandemic and it's exciting to see the first diagnostic assay developed in-house, using their expertise, technology and networks to help support the response to this crisis. View More Companies. Copyright 2020 Alliance News Limited. monthly and annualsubscriptions available. IP GROUP PLC. IP Group stock was trading 3.6% higher at 60.00 pence each on Friday morning in London. Importantly, through our partner, we also have the capacity to fulfil much larger numbers of product orders going forward.". 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Oxford Nanopore Technologies, a UK-based genetic sequencing technology developer spun out from University of Oxford, is considering floating its shares in an initial public offering (IPO), The Telegraph has reported. Click here to register. Intellectual property commercialisation company IP owns 15.8% of Oxford Nanopore, which is was spun out of the city’s university in 2005, and its shares rose 11% to 74p. The virus crisis has seen a clutch of small biotech stocks surge in value as the hunt to stem the virus continues. Are you sure you want to mark this comment as inappropriate? (Sharecast News) - IP Group slid on Thursday after Invesco sold 61.9m shares in the company in a placing. Oxford Nanopore Technologies’ products are taking genome sequencing out if the lab with portable devices. It has received orders for 120,000 of its masks which minimise the spread of the virus. B, and you use it at your own risk it has orders! 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