23rd May 2019 | 1 minute

Biotech firm Omega gets £630,000 shares lift

OMEGA Diagnostics has raised more than £630,000 from a placing of new ordinary shares.

The allergy testing specialist, which received the backing from a small number of significant investors, said it would use the proceeds for working capital.

Richard Sneller and Harwood Capital LLP signed up for 3,000,000 and 1,847,950 subscription shares respectively.

Both are already substantial shareholders of the Clackmannanshire company.

Read the full story, here.

With over 9,000 people employed within this sector. Med Tech has enjoyed a growth rate of 8% per annum over the last decade – find out more about medical technologies in Scotland, here.

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