News And Announcements
Advanced Medical Solutions gets CE-mark for foam dressing
Specialist wound care company Advanced Medical Solutions Group has received CE-mark approval for its ‘Silicone PHMB Foam Dressing’, it announced on Friday, which sits alongside the US approval for this product as announced in July 2019 .
Webis division wins two-year extension to California licence
Pool wagering company Webis announced on Friday that its advanced deposit wagering business WatchandWager has received a two-year licence approval from the California Horse Racing Board.
Power Metal reports progress at Alamo
Metals exploration and development company Power Metal Resources updated the market on exploration at the Arizona-based Alamo Gold Project on Friday, in which it has the right to earn-in up to a 75% interest.
Boris Johnson's adviser quits over Patel bullying report
Boris Johnson's ethics adviser has quit after the prime minister rejected his conclusion that Home Secretary Priti Patel breached a code of conduct by bullying civil servants.
Helios Towers slumps after Millicom sells 52m shares
Helios Towers slumped on Friday after Millicom Holding sold 52 million shares in the telecommunications company - a 5. 2% stake - at 155p each.
Ofgem calls for increase in price cap, opens consultation
Ofgem is considering upping the price cap after the Covid-19 pandemic prompted a rise in bad debts, hitting the finances of energy suppliers.
ImmuPharma gets December date for FDA meeting
Specialist drug discovery and development company ImmuPharma updated the market on the new optimised international phase 3 trial of ‘Lupuzor’ in systemic lupus erythematosus (SLE) on Friday, reporting that the US Food & Drug Administration (FDA) has now confirmed the date of 4 December for a Type 'A' Meeting Request.
Staffline agrees sale of PeoplePlus apprenticeships division
Recruitment and training company Staffline announced on Friday that its PeoplePlus division has agreed terms to sell its apprenticeships business to Babington Business College for “a nominal fee”.
Diurnal gets European patent for 'Alkindi'
Speciality pharmaceutical company Diurnal Group announced the grant of a patent for ‘Alkindi’, or hydrocortisone granules in capsules for opening, by the European Patent Office on Friday.
Walker Greenbank enters collaboration for Scion online shop
Luxury interior design and furnishings company Walker Greenbank announced a new collaboration with internet retailer Jane Clayton and Company on Friday, to launch an online shop for its Scion brand.
Indivior appoints Ryan Preblick as CFO
Indivior has appointed Ryan Preblick as chief financial officer after he spent five months in the job on an interim basis.
ECR Minerals moves closer to drilling at Bailieston
Gold exploration and development company ECR Minerals updated the market on its activities in the Australian state of Victoria on Friday, reporting that its wholly-owned subsidiary Mercator Gold Australia (MGA) has taken delivery of its new Cortech CSD1300G diamond drill rig.
600 Group scraps dividends on uncertain outlook
600 Group said it would not pay a dividend in the current financial year and that its finance chief was leaving because he did not want to take part in a move to Florida.
Costain appoints former De La Rue CFO Helen Willis to the same role
Costain has appointed Helen Willis as its new chief financial officer with effect from 30 November.
Citi ups rating on Croda following Iberchem deal
Citi has upgraded Croda International to a ‘buy’ following the chemicals group’s €820m acquisition of Spain’s Iberchem.
International PPL portfolio performing 'well' in second half
Infrastructure investor International Public Partnerships updated the market on its operations and portfolio on Friday, reporting that its investment portfolio had continued to perform well in the second half to date.
Smurfit Kappa raises €660.0m to accelerate investments
Packaging solutions group Smurfit Kappa has raised roughly €660. 0m as part of an effort to accelerate investments and capitalise on trends towards e-commerce and sustainable packaging.
Court denies GSK appeal in Vectura intellectual property dispute
Inhalation-focussed contract design and manufacture organisation Vectura Group announced on Friday that the United States Court of Appeals for the Federal Circuit has denied GlaxoSmithKline's (GSK) motions for judgment as a matter of law, a new trial on infringement, and for a new trial on damages in litigation concerning Vectura's US patent 8303991.
Nationwide profits rise despite Covid impairment charge
Nationwide Building Society reported a strong rise in half-year profits despite a £139m Covid-19 impairment charge.
Telit considers u-blox takeover approach
Telit Communications said it had received an all-share bid approach from Swiss rival u-blox valuing and was considering the proposal.