Pinsent Masons advises Retroscreen on £25.5 million fund raising

14 Jun 2013 | 04:47 pm | 1 min. read

International law firm Pinsent Masons has advised antiviral anti-viral clinical trial specialist, Retroscreen, on its conditional placing raising a total of £25.5 million.

The firm, lead by corporate partner Russell Booker and associate Mark Stephens advised the AIM-listed company which is expected to use the funds to build a new clinical division.

Retroscreen is a virology healthcare business which provides clinical and pre-clinical analytical services for flu and cold antiviral products to global pharmaceutical and biotechnology organisations.

Partner Russell Booker said: "We are very pleased to have strengthened our relationship with Retroscreen and work with them again to raise funds for a number of high profile projects. The company has experienced significant growth since listing on AIM and it is testament to our expertise that we have been instructed to guide the team through some significant milestones."

Retroscreen turned to Pinsent Masons last year to advise on its listing on the London Stock Exchange (LSE) AIM market raising £15 million. Since listing on AIM the company has focused on developing its services opening a new Flucamp screening centre and viral study programme. In 2012, Retroscreen reported a 237 per cent revenue growth up to £14.4m.

Retroscreen chief executive, Kym Denny, said: "We are delighted to have successfully raised these funds through both existing and new shareholders. We thank our existing shareholders for their continued support and encouragement, and we welcome our new shareholders to the share register. The board looks forward to investing the proceeds of the placing in building the AD-VCM and Discovery Division. It is a very exciting time at Retroscreen and lots to achieve."

Latest press releases

Show me all press releases

Pinsent Masons advises Bestinver Infra and FCR on Irish toll road share purchase deal

Multinational law firm Pinsent Masons has advised Bestinver Infra, FCR, on the acquisition of an interest in N6 (Concession) Holdings Limited and N6 (Operations) Limited from Sacyr Concessions Limited.

Pinsent Masons named Most Innovative Law Firm in Europe 2023 by Financial Times

Multinational law firm Pinsent Masons has been named the Most Innovative Law Firm in Europe and won the Energy & Security Transition category at this year’s FT Innovative Lawyer Awards.

Pinsent Masons named as a top ten family friendly employer by Working Families

Multinational law firm Pinsent Masons has been named as a top ten family friendly employer by the national charity for working parents and carers Working Families.

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons hires Life Science partner in Dublin

Multinational law firm Pinsent Masons has hired transactional life sciences specialist Michael Stewart as partner in its Dublin office as it expands its pan-European Technology, Science and Industry (TSI) capabilities.

Pinsent Masons hires Corporate Partner Camille Chiari in Paris

Multinational law firm Pinsent Masons has hired Corporate Partner Camille Chiari who joined the firm’s Paris Office.

Pinsent Masons advised TUI Global Hospitality Fund on the expansion of its hotel portfolio

Multinational law firm Pinsent Masons has advised TUI Global Hospitality Fund on the expansion of its hotel portfolio through the acquisition of the newly opened 5-star Emerald Zanzibar Resort & Spa in Zanzibar, Tanzania.

For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on

+44 (0)20 7418 8199 or 

Location contacts

We are processing your request. \n Thank you for your patience. An error occurred. This could be due to inactivity on the page - please try again.