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Hofseth Biocare raises $21m with private placement

The biotech branch of Norwegian salmon processor Hofseth International will use the proceeds for R&D, expanding production capacity, and ramping up sales and marketing

By Undercurrent News | Oct. 16, 2020 10:06 BST
Credit: Hofseth BioCare on Facebook
Credit: Hofseth BioCare on Facebook
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Credit: Hofseth BioCare on Facebook

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Hofseth Biocare -- the biotech branch of Norwegian salmon processor Hofseth International -- has both announced and then completed a private placement, raising NOK 200 million ($21.4m). [...]

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