Oncosil Medical Ltd (ASX:OSL)

About:

OncoSil Medical Ltd is an innovative company for delivery of radiation therapy to patients.

www.oncosil.com.au

Forrest Capital's Role:

Forrest associates were substantial shareholders in UK drug delivery company Enigma Therapeutics Ltd. The technology was originally discovered at The UK Department of Defence with circa $20 million invested to transaction date.

  • Forrest managed the acquisition of Enigma by OSL.
  • Funded the license agreement.
  • Facilitated the appointment of Dr Roger Aston and Mr Daniel Kenny to the board.
  • Raised $2 million for the initial transaction.
  • Raised $10 million in the follow-on capital raising as joint lead manager.

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