Woodford Investment Management will auction unlisted biotech investments which include Oxford Nanopore in a process that could take three months to reach its conclusion.
Fund manager Woodford Investment Management is set to invite bids for its unlisted biotech investments as part of a structured auction that could take up to three months to complete, Reuters reported yesterday.
A source told the newswire boutique investment bank PJT would begin conducting the sell-off later this month, though an official mandate is yet to be struck.
Woodford Investment Management is also dispensing of some of its listed biotech assets, including both illiquid and fully-liquid holdings.…
