BioGaia to invest further in Infant Bacterial Therapeutics AB
BioGaia’s board of directors has resolved to invest a further SEK 35 million in the subsidiary Infant Bacterial Therapeutics AB (IBT), in addition to the approximately SEK 47 million previously decided¹.IBT has carried out a new issue of 40,000 shares in which all shares have been subscribed for by BioGaia AB, thereby providing the company with proceeds of approximately SEK 53 million. BioGaia’s total investment in IBT thus amounts to approximately SEK 82 million and its holding to 94.5 per cent. Efforts to evaluate the possibility for a separate listing of IBT are continuing. As