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Provexis has acquired Science in Sport, the Lancashire-based sports nutrition firm with 50 staff, for £8m.
Provexis has agreed a £25m financing deal with Evolution Securities to fund the commercial development of its health drinks and functional foods business, which includes sites in Liverpool and Windsor.
Provexis is in discussions to raise £5m from investors to fund the expansion of its biotechnology operations in Windsor and Liverpool.
Provexis has sold its Altu food business to Go Lower for under £0.1m, in order to focus on the development of new food bioactives.
Provexis has secured almost £0.6m to fund the expansion of its Liverpool-based medical foods business, which includes a new orange juice drink designed to reduce the chance of blood clots.