Advanced Oncotherapy raises £5.9m to progress LIGHT system

Advanced Oncotherapy CEO Nicolas Serandour

Proton beam therapy specialist Advanced Oncotherapy (AVO) has raised £5.9m through a placing and subscription for 14.8m shares at 40p per share. The move follows a £7.7m fundraise in October and will be used to progress the company’s next generation proton beam therapy system, LIGHT, which is due to become operational later this year. The placing was…

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