Summit has £13.0mln in the bank, while its drugs have also been backed financially by external organisations keen to see new treatments come through
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The biotech group said annual revenue was flat but that spending on staff and R&D had grown
The clinical trials group plans to issue £1mln in privately-held loan notes to fund an increased focus on orphan diseases
The search for a new chief financial officer is underway
The grants will be paid out over the next three years and will fund the development of Amryt’s AP103 gene therapy platform, which has shown potential as a treatment for Recessive Dystrophic Epidermolysis Bullosa
e-Therapeutics will be reimbursed for its work under this collaboration and Novo Nordisk has the option to license relevant IP generated under the collaboration
The AIM 100 social care services provider reported an underlying pre-tax profit of £32.9mln, up 11.9% on the year before, while revenues also increased by 11.9% to £185.7mln
“The new Home Office guidelines determining the prescription of Medicinal Cannabis encompass the treatment of pain and nausea in cancer patients. Matthew's qualifications and research in this area add even further to the input of Sativa's top-level Medicinal Cannabis Advisory Board.”
Steve Couldwell will step aside in January in order to undergo treatment for an unspecified medical condition, although he should be back by March
By combining both of their technologies, the companies think they can identify better treatments for Parkinson’s disease
Analysis of the phase III trial data suggests that ARDS patients with a certain genetic mutation responded particularly well to Traumakine
Even including the loss of a major customer in Korea, revenues jumped 13% in the first half to £2.10mln, driven by a rise in new and higher value contracts
The distribution company wants to keep its identity and the terms of the agreement to remain confidential to protect its commercial interests and launch plans
The medical device maker said a patient had been treated using the Speedboat device at Spain’s Hospital Universitario Virgin del Rocio de Sevilla
Feraccru already has EU approval while in Switzerland, the drug can be used for iron deficiency anaemia in adults with inflammatory bowel disease
The medical diagnostics kit supplier's first-half profit was propped up by proceeds from the sale of its legacy infectious diseases business
PTCL is a form of cancer that arises in areas of the body such as lymph nodes, spleen, the gastrointestinal tract, and skin
Analysts at the US investment bank said in a note that they don’t expect any other bidders to come forward, so have cut their rating and target to reflect that
Sierra Oncology, the US firm which is licensing Sareum’s SRA737 compound, published more data overnight
The data showed RXC006 was able to suppress the Wnt pathway, which is widely believed to be heavily involved in the scarring process associated with lung fibrosis
genedrive thinks its simple out-reach test can help to cure hepatitis C in recovering heroin addicts, people who generally don’t like going to the doctors
Natural CBD products are thought to boost internal cannabinoids in a similar way to vitamin supplements
The AIM-listed liquid biopsy company pointed out that Khoury has significant experience in the cytological and morphological analysis of cancer cells
The firm, which specialises in allergy vaccines, said sales were in line with expectations for the year, adding that it had continued to gain market share in Europe
The US broker said it had lowered its earnings per share forecasts for the FTSE 100-listed hospitals operator by 11% and 12% respectively for in 2018 and 2019
