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NICE approves Amryt's Myalepta for reimbursement in England and Wales

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.

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Asia report: Markets mostly higher as China stands pat on rates

Markets in Asia closed mostly higher on Wednesday, as China stood pat on interest rates, with Chinese internet giant Alibaba in focus.

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Midwich ends year ahead of profit expectations

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.

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Learning Technologies acquiring Reflektive for £10.4m

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).

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Mortgage Advice Bureau flags higher-than-expected profits for 2020

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.

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Alliance Pharma profits improve as it acquires Biogix

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.

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IQE expecting record revenue performance for 2020

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.

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Ascential sells Groundshare in £170m deal

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.

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Petropavlovsk issues with senior staff 'improve markedly'

Petropavlovsk said on Wednesday that its mines were still operating as normal, despite the “significant” ongoing challenges presented by the Covid-19 pandemic .

Pearson shift to online helps offset Covid-19 conditions

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.

Dixons Carphone maintains full year guidance, Burberry sales fall in third quarter

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.

19 Jan
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London close: Stocks close weaker as Yellen speaks

London stocks closed in negative territory on Tuesday, as investors awaited a testimony on stimulus by incoming US Treasury Secretary Janet Yellen.

19 Jan
Anglo Asian announces new copper-gold discovery at Gedabek

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.

19 Jan
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Ariana gets approval for expanded joint venture in Turkey

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.

19 Jan
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Evgen Pharma makes progress with 'STAR' trial recruitment

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.

19 Jan
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Tlou Energy reports solid progress on Lesedi Project

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.

19 Jan
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Administrators to close another 31 Arcadia Group stores

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.

19 Jan
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ValiRx adds four new patents to portfolio in 2020

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.

19 Jan
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Asia report: Markets mostly higher as Hong Kong locks down further

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.

19 Jan
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Watkin Jones turns out 'solid' full-year performance

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.