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London · Main Market · IPO · MXC

MGC Pharmaceuticals

MGC Pharmaceuticals (MXC) was admitted to Main Market on Feb 9, 2021, raising £6.5M at 1.47p per share. Its market capitalization at admission was about £33.7M. Brokers: Turner Pope Investments Limited (sole lead manager and bookrunner).

MGC Pharmaceuticals is a European-based, Australian-listed bio-pharma company that produces and develops phytocannabinoid-derived medicines, including ArtemiC and CannEpil, with a focus on neurology, oncology and autoimmune diseases.

Type
IPO
Market
Main Market · Standard
Ticker (TIDM)
MXC
Admitted
Feb 9, 2021
Offer price
1.47p
Raised
£6.5M
Market cap at admission
£33.7M
Brokers
Turner Pope Investments Limited (sole lead manager and bookrunner)
Sector
Biotech & pharma
Country
Australia

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Sources

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