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BRIEF-ImmuCell to raise $3.5 mln in private placement

Oct 18 ImmuCell Corp :

* ImmuCell to raise $3.5 million in private placement

* Says co agreed to sell an aggregate total of 659,880 shares of common stock at a price of $5.25 per share to outside investors

* ImmuCell - New capital, cash flow from operations, bank debt, fully funds $20 million capex budget for construction of pharmaceutical facility to produce nisin Source text for Eikon: Further company coverage:

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