LONDON ¿ Xenova Group plc, of Slough, raised #6.1 million (US$9.5 million) via a placing and the exercise of warrants.

The placement with institutional investors of 2.2 million shares at 85 pence per share raised #1.9 million; the remainder will come from the exercise of warrants by five institutional shareholders and some of the directors.

The company specializes in cancer treatments based on compounds from microorganisms. ¿ Nuala Moran