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Womble Bond Dickinson advises on investment in Newcastle life sciences pioneer

19 Apr 2021
Womble Bond Dickinson has advised Mercia Fund Managers and Enterprise Ventures on the recent £5.25 million investment in Newcells Biotech, the Newcastle-based cell technology business. The Mercia-managed funds which participated in the fundraising included Northern VCTs and the North East Venture Fund, which is supported by the European Regional Development Fund and managed by Mercia. Further funding was provided by the North East Innovation Fund, managed by Northstar Ventures.