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Business

CambridgeSoft Eyes Stock Market Offer

October 29, 2007 | A version of this story appeared in Volume 85, Issue 44


Credit: www.fovea.tv

CambridgeSoft, a supplier of chemical and biological software to scientists, plans to sell shares on the London Stock Exchange's Alternative Investments Market. The 20-year-old company, based in Cambridge, Mass., had a net loss last year of $3.4 million on revenues of $22.5 million. The company says annual worldwide spending for chemical and biological informatics software is more than $500 million.

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