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22 May
hikma drugs generics
Hikma gets FDA approval for generic version of 'Vascepa'

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’.

22 May
united utilities
United Utilities to review dividend after upping payout

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.

22 May
Burberry pulls final dividend, United Utilities increases its distribution

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.

22 May
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London pre-open: Stocks to fall on weak Asian cues

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.

22 May
IP Group's Oxford Nanopore in advanced development on SARS Cov-2 test

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.

22 May
Friday newspaper round-up: Hospitality sector, holiday firms, Lloyds

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.