The announcement of Applecross-listed and Victoria-based Xceed Biotechnology Ltd's plan to demerge subsidiary PolyNovo Biomaterials Pty Ltd through an initial public offer sent the company's stock up 37 per cent, closing at 24 cents today.
19/07/2007 - 15:37
Xceed share price up 37% following PolyNovo demerger talk
19/07/2007 - 15:37
![](https://images.businessnews.com.au/images/bn2020/bubble-arrow-border.png)