trending Market Intelligence /marketintelligence/en/news-insights/trending/quyjhvjnpfsnrwtyajj_pw2 content esgSubNav
In This List

Premaitha Health raises £2.5M in share issue; director steps down

Case Study

Identifying PPE Suppliers During the Pandemic

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Video

COVID-19 Impact & Recovery: Healthcare Outlook for H2 2021

Blog

Corporate Credit Risk Trends in Developing Markets: A Loss Given Default (LGD) Perspective


Premaitha Health raises £2.5M in share issue; director steps down

Manchester, U.K.-based Premaitha Health PLC raised £2.5 million in a share subscription to investors and directors.

The company issued 55,527,784 new ordinary shares at 4.5 pence per share. The proceeds will be used for the company's international expansion, as well as product development.

Meanwhile, William Denman, the company's founder, stepped down as a director and consultant of Premaitha Health, which develops tests for prenatal screening and other applications in the U.K. and internationally.