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Avacta Group PLC - Wetherby, England-based life sciences company developing targeted oncology drugs and diagnostics - Reponds to recent market speculation regarding a possible fundraising. Says no fundraising is imminent. Notes it has a strong cash balance of £27 million as at May 31 and expects strong new flow in the company months. Current stock price: 104.75 pence, up 5.8% in London on Monday afternoon 12-month change: more than tripled from 28.99p Copyright 2023 Alliance News Ltd. All Rights Reserved.
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