Chinese backing for epigenetic biomarker company

22 August 2018

A leading Chinese investment group has taken a stake in Oxford BioDynamics (AIM: OBD), a UK biotech focused on the discovery and development of epigenetic biomarkers for use within the pharmaceutical and biotechnology industry.

GL Capital Group has become a 5% investor by paying nearly £10 million ($13 million) for newly-issued shares in the company, making it the Shanghai-based firm’s first investment in Europe.

"We clearly see the company at the forefront of personalized medicine on a global basis"

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