hVIVO has secured a £2 million contract with a new biopharma client. The deal funds the final phase of its human metapneumovirus study.
Kromek Group says it will turn profitable this year after receiving a $25 million payment from Siemens Healthineers. The funds will help meet contract milestones, cut debt, and strengthen its balance sheet.
Ondo InsurTech’s LeakBot is expanding it's partnership with PURE Insurance into six more US states. PURE started trials last year and is now rolling out the service more widely.
In mining news, 88 Energy has signed a new farm-out deal for Project Phoenix in Alaska. Burgundy Xploration will fund up to $39 million in return for up to 50% of the project.
Meanwhile, Empire Metals has started drilling at its Pitfield titanium project in Western Australia. The campaign will drill 84 holes and bulk sample up to 80 tonnes of material.
And Europa Metals is walking away from its exclusivity deal for the Tynagh project in Ireland. It says tough market conditions made near-term funding impossible.
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