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BARD1 Life Sciences completes $17m capital raising
MinterEllison has advised BARD1 Life Sciences on its recent $17 million capital raising.
Emma Musgrave
Firm: MinterEllison (BARD1 Life Sciences).
Value: $17 million.
Area: Finance, corporate.
Key players: The MinterEllison team comprised partners Bart Oude-Vrielink and Sudharshan Senathirajah, associate Alexander Persano and solicitor Josh Carfi.
Deal significance: According to a statement provided by MinterEllison, the capital raising will help fund BARD1’s critical research and development of cancer diagnostics to improve patient outcomes.
“MinterEllison has assisted BARD1 Life Sciences Limited (BD1) on its institutional placement and share purchase plan, which are expected to raise a total of approximately $17 million,” the statement said.
“The capital raising will help fund BARD1’s further development and commercialisation of SubB2M tests for ovarian and breast cancer, commercialisation of EXO-NET products and other critical research.”
Commenting further, partner Sudharshan Senathirajah said: “We are pleased to have assisted BARD1 Life Sciences in this capital raising to support their important work. This raising will further BARD1’s life saving cancer research and product development. It provides both new and existing investors with the opportunity to invest in critical medical research and development.”
Emma Musgrave
Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.
Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences.
Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.
She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University.
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