Hikma Pharmaceuticals announced on Friday that its wholly-owned US subsidiary has received approval from the US Food and Drug Administration (FDA) for its icosapent ethyl capsules at one gram, which is its generic equivalent to ‘Vascepa’.
United Utilities increased its final dividend but said it would review its dividend policy after £56m of Covid-19 costs contributed to a £5m decline in annual operating profit.
London open The FTSE 100 is expected to open 77 points lower on Friday, having closed down 0. 86% at 6,015. 25 on Thursday.
London stocks were set to fall at the open on Friday, taking their cue from a weak Asian session as it emerged that Beijing is planning to impose a new security law on Hong Kong.
Intellectual property developer IP Group said its portfolio company Oxford Nanopore Technologies was in advanced development of a new generation of end-to-end test (assay) for the detection of the virus that causes Covid-19.
More than 30,000 pubs, bars and restaurants may remain permanently closed because the coronavirus shutdown has sent a wrecking ball through the UK’s hospitality trade. The grim prediction follows a week in which the Casual Dining Group, which owns the Bella Italia and Café Rouge restaurant chains, warned it was headed into administration – casting doubt over the future of its 250 restaurants. – Guardian.