By Michael SusinSkinBioTherapeutics said it will raise at least 3 million pounds ($3.7 million) via a share placing as it seeks to advance its oral and inflammation programs. The life-sciences company said late Thursday that it will place a minimum of 15.9 million shares at 19 pence a share. The price represents a 9.5% discount to Wednesday's closing market price.

Source: Wall Street Journal November 17, 2023 01:44 UTC