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Commercial-stage biopharmaceutical company Amryt Pharma announced on Wednesday that the National Institute for Health and Care Excellence (NICE) has approved ‘Myalepta’, or metreleptin, for reimbursement in England and Wales.
Markets in Asia closed mostly higher on Wednesday, as China stood pat on interest rates, with Chinese internet giant Alibaba in focus.
Specialist audio visual distributor Midwich Group said on Wednesday that, despite the ongoing challenges of the coronavirus pandemic, its trading recovery had continued in the second half and, as a result of a “strong close” in November and December, it now expected to report revenue for 2020 of more than £710m.
Digital learning and talent management company Learning Technologies has agreed to acquire performance management software provider Reflektive from a group of institutional investors, it announced on Wednesday, for a cash consideration of $14. 2m (£10. 4m).
Consumer intermediary Mortgage Advice Bureau (MAB) said on Wednesday that group revenue for 2020 was expected to be around £148m, representing an increase of 3% over 2019.
Alliance Pharma said on Wednesday that its see-through revenues for 2020 were down 5% on the prior year at £137. 5m, as expected, both on a reported and a constant currency basis, reflecting the impact of Covid-19.
Semiconductor wafer and materials company IQE said on Wednesday that revenue for 2020 was expected to be around £178m, subject to audit, rising from £140m year-on-year.
Information, data and analytics company Ascential has sold Groundsure to a subsidiary of legal technology, software and information services group ATI Global in a deal worth £170m, it announced on Wednesday.
Petropavlovsk said on Wednesday that its mines were still operating as normal, despite the “significant” ongoing challenges presented by the Covid-19 pandemic .
Pearson said on Wednesday that its group sales in 2020 declined by 10%, with the company expecting to report adjusted operating profit of between £310m and £315m.
London open The FTSE 100 is expected to open 17 points higher on Wednesday, having closed down 0. 11% on Tuesday at 6,712. 95.
London stocks closed in negative territory on Tuesday, as investors awaited a testimony on stimulus by incoming US Treasury Secretary Janet Yellen.
Azerbaijan-focussed gold, copper and silver producer Anglo Asian Mining announced a new copper-gold discovery on Tuesday, dubbed ‘Zafer’, within the central region of its Gedabek contract area in the west of the country.
Exploration and development company Ariana Resources has received formal approval from the Competition Authority in Turkey for the completion of its joint venture agreements with Özaltin and Proccea Construction, it announced on Tuesday.
Clinical-stage drug development company Evgen Pharma said on Tuesday that as of 18 January, a total of 56 patients had been recruited and randomised to the ‘STAR’ trial.
Botswana-focussed gas and solar power developer Tlou Energy updated the market on the proposed Lesedi Power Project on Tuesday, reporting that a pilot power purchase agreement has been fully executed with Botswana Power Corporation (BPC) for the first 2MW of power.
A further 700 jobs are set to be lost from the privately-held collapsed clothing retailer Arcadia Group by the end of the month, with another 31 stores to be closed by administrators.
Clinical-stage drug development company ValiRx updated the market on its patent portfolio on Tuesday, reporting that it continued to build in 2020 with four patents granted during the last 12 months.
Markets in Asia closed mostly firmer on Tuesday, as investors held their breath ahead of the inauguration of US president-elect Joe Biden later in the week, and monitored the ongoing global Covid-19 pandemic.
Build-to-rent developer Watkin Jones described a “solid” financial performance in its full-year results on Tuesday, with revenue falling 5. 5% for the year, primarily as a result of forward sales of developments being deferred due to Covid-19 uncertainty.