Antibiotics firm Motif Bio to tap UK market for cash

February 1, 2015 1:06 PM

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LONDON (Reuters) - Motif Bio, which is working on a range of antibiotics, is planning to raise at least 4 million pounds ($6 million) - and potentially up to 16 million - through a stock market listing in London.

The plan shows increased interest in badly needed new antibiotics that are seen as essential to counter the spread of "superbug" bacteria.

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