It has been a steady few weeks for Poolbeg Pharma, after a successful trading launch on the Alternative Investment Market, London Stock Exchange’s space for small- and medium-size growth companies.
Having been spun out from Open Orphan, the new company raised £25m (€29m) in its initial public offer, increased through investor demand from an original target of £20m (€23.4m).
Poolbeg Pharma plc (LON:POLB) is a clinical stage infectious disease pharmaceutical company, with a novel capital light clinical model which enables us to develop multiple products faster and more cost effectively than the traditional biotech model.