Online retailer Amazon.com yesterday launched a new marketplace that will connect individual businesses with suppliers, giving it access to a fast-growing market worth more than $8.2tn (€7.4tn) in the US.

Malin, an Irish company set up by a number of former Elan executives to invest in privately held life science assets, plans to raise between €275m and €325m in one of Europe’s biggest biotechnology IPOs.