Cambridge biotech Abcam to abandon London listing for Nasdaq

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Cambridge biotech Abcam to abandon London list for Nasdaq

Abcam, a pioneering Cambridge biotech, is abandoning its London listing in favour of New York, despite the UK government's efforts to make the country a life sciences superpower. The antibodies maker, 1 of the largest on London's inferior Aim market, is cancelling its London listing afterwards a more than than $150mn offer on the Nasdaq in October 2020. The determination comes afterward SoftBank chose to put it plans for a London initial public offering of Cambridge-based Arm on concur because of political turmoil in the UK government.

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Source: https://finance.yahoo.com/m/0f292452-a15b-3aba-aefd-0a8377179c7f/cambridge-biotech-abcam-to.html

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