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IN BRIEF: Agronomics Notes Successful Financing For Portfolio Company

29th Sep 2020 17:29

Agronomics Ltd - investment firm which principally invests in the biotechnology and biopharmaceutical sector - Says portfolio company Shiok Meats Ltd, a cell-based clean meat company, has completed a USD12.6 million financing, led by Aqua-Spark Cooperatieve UA. Says Shiok Meats will use this additional funding to progress its research & development and establish its first pilot production facility in Singapore, with the intention to have its first cultivated shrimp products on the market in Singapore in 2022.

Current stock price: 5.14 pence

Year-to-date change: down 44%

By Greg Roxburgh; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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