88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF) has highlighted that the analysis on the so far successful Hickory exploration well, onshore Alaska, has met or exceeded its pre-drill aims and was completed on budget.
The Hickory-1 exploration well was spudded on 9 March and reached a total depth of 10,650 feet, with initial findings confirming the presence of multiple hydrocarbon-bearing pay zones across all of the explorer’s pre-drill targets.
hVIVO PLC said it worked on a flu drug that has been granted Fast Track and Breakthrough Therapy designations by the US Food and Drug Administration (FDA).
The specialist contract research group said it carried out the phase IIa human challenge study to assess the potential efficacy of SAB Biotherapeutics' (NASDAQ:SABS) investigational therapeutic for seasonal influenza, SAB-176.
Arecor Therapeutics PLC (AIM:AREC), the biopharma group focused on diabetes, said it has been granted a patent from the United States Patent and Trademark Office.
The patent (US11608357) protects a formulation platform for developing enhanced monoclonal antibodies.
Medical imaging technology specialist Polarean Imaging PLC (AIM:POLX, OTC:PLLWF) said it has received its first order for a XENOVIEW gas blend cylinder.
Cincinnati Children's Hospital Medical Center placed the order for the xenon Xe 129 hyperpolarised blend that has the capacity to supply over 100 patient scans.
Bradda Head Lithium Limited (AIM:BHL, OTCQB:BHLIF, TSX-V:BHLI) has said internal analysis of sonic drilling at the Basin East Extension project in Arizona confirms that lithium-bearing clay continues and thickens to the northwest and north into its BEE lease.
Assay results need to confirm this, the company said, but it believes that the indications so far should lead to a resource expansion in the third quarter of this year.
Ora Banda Mining Ltd (ASX:OBM) is trading higher after intersecting more than 11 metres of spodumene at 1.28% lithium oxide during maiden drilling at the Federal Flag Prospect, just 10 kilometres south of the Davyhurst gold processing plant in Western Australia's Goldfields.
Shares have been as much as 17.25% higher in early trading to A$0.17, a new high of almost two years, after releasing the lithium results from the first hole which the company describes as “outstanding”.