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Avita announces $10m capital raising plan

05/09/2012 - 15:23

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Medical research firm Avita Medical has announced a proposal to raise up to $10 million, with Octa Phillip Bioscience Managers committing to tip in $3 million.Avita today announced a $10 million placement and share purchase plan for existing shareholders, priced at 12 cents per share.

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