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Vaccitech was valued at $ 579 million in the U S public offering

Vaccitech was valued at $ 579 million in the U.S. public offering Vaccitech, the owner of the technology behind the Oxford / AstraZeneca coronavirus vaccine, raised $ 111 million through its initial public offering on Thursday, close to its original expectations and ready for investors to address recent concerns about rare side effects. . The company priced it at $ 17 before it was listed on the Nasdaq, halfway through its projected price range. At the offer price, Vaccitech would be worth $ 579 million, 36 percent above its set price. the last private fundraiser in March. Vaccitech was founded in 2016 by scientists from the University of Oxford Sarah Gilbert and Adrian Hill and is sponsored by Tencent, Google Ventures and California’s Gilead Sciences biotechnologies.

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