Latest Views & News

Woodford unlisted cash-hungry dog Immunocore raises money – but at a cost

By Nigel Somerville | Saturday 21 September 2019

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

The Daily Telegraph yesterday reported that Oxfordshire-based biotech Immunocore, of the Neil Woodford unquoted stable, has raised £60 million in a funding round due to complete before the end of this year as the company raises up to £100 million. Great news…….apart from one small detail.

Premium content is for paid subscribers only
ShareProphets is reader-supported journalism

Become a member starting at £5.99 per month for all articles, the Bearcast, and our seven year archive.

Filed under:

That Was the Week that Was