Cambridge biotech opts for Nasdaq listing over LSE's AIM

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Cambridge biotech opts for Nasdaq listing over LSE's AIM
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Life sciences research tool supplier Abcam said it will seek to delist from the AIM on London’s stock exchange following a “positive shareholder response”.

Cambridge, England-based sciences research tool supplier Abcam UK:ABC ABCM said it’s going to delist from the London Stock Exchange’s AIM exchange, favoring a U.S. listing instead.

The... Cambridge, England-based sciences research tool supplier Abcam ABC ABCM said it’s going to delist from the London Stock Exchange’s AIM exchange, favoring a U.S. listing instead. The delisting will mean the company will solely be listed on the Nasdaq, which it says will increase share liquidity.

Adjusted operating profit hit £42.6 million, a 60% rise from the same period last year, which reported an adjusted operating profit of £26.5 million.

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