Chemeq gets $10m
You have no credits left. To view this article subscribe to Business News.
You have used {{points}} and have {{current_points}} remaining. Your credits will reset on {{reset_date}}.
This article is part of a special report and is available to paid Business News subscribers only.
You can purchase access to this special report or subscribe to Business News.
You can purchase access to this special report or subscribe to Business News.
This article is premium content and is available to paid Business News subscribers only.
Subscribe to Business News.
Subscribe to Business News.
Tuesday, 8 June, 2004 - 22:00
PHARMACEUTICAL company Chemeq has raised $10 million through a heavily discounted placement to clients of Bell Potter Securities.
The placement was at $4.55 per share, well below the recent trading price of about $5.40. Chemeq says the funds raised will enable it to improve productivity and efficiency levels of its pharmaceutical product. The company is in the final stages of commissioning its commercial-scale manufacturing facility in Rockingham, where it has experienced repeated delays
Companies: