Faron Pharmaceuticals Ltd (LON:FARN) is expanding the scope of the research and development activities carried out on Clevegen, which is designed to use the body’s own immune system to tackle cancer.
The company is coupling the pre-clinical drug candidate with its newly-developed tumour immunity enabling technology.
In other news, the Africa focussed oil firm Savannah Petroleum PLC (LON:SAVP) increased its prospective oil resource base for the R1/R2 asset, in Niger, to 1,19bn barrels with a new independent assessment from consultant CGG Robertson.
A new exploration target inventory was also published during the period, and it outlined 14 drill ready exploration prospects on R1/R2, as well as some 37 exploration leads.
Elsewhere, Regency Mines Plc (LON:RGM) revealed it has continued to make new investments - and seemingly a name change looks increasingly necessary - as it backed another hydrocarbon venture.
The company, which had focussed on mining, is now backing a new vehicle called Westport Energy PLC which is targeting gas acquisitions in the United States.
Specifically, it aims to pick up assets available via foreclosure processes.
Over at Tern PLC (LON:TERN), the investment company specialising in the cloud and mobile sectors is to buy Flexiant, a provider of cloud management software.
Tern has held a 1% interest in Flexiant since November 2013 and is now set to take full control, subject to the completion of due diligence.
Meanwhile, Xtract Resources (LON:XTR) sold its Manica gold project in Mozambique less than a year after it acquired it.
The explorer only received government approval for its acquisition in March but said the likely dilution in raising US$35mln to build a mine had prompted it to accept the offer from Nexus Capital/MTI.
Advanced Oncotherapy PLC (LON:AVO) signed a deal that will allow it provide up to £24mln of vendor financing for the company’s first LIGHT machine in Harley Street, London.
Last October the company announced the formation of the proton beam cancer therapy centre in the capital.
Over at Westminster Group PLC (LON:WSG) it received a letter of intent (LoI) from a Middle East airport authority relating to a long term security contract.
The LoI relates to the memorandum of understanding (MoU) signed by Westminster’s aviation subsidiary, Westminster Aviation Security Services (WASS), with a Middle East civil aviation authority back in March of this year. It is one of seven MoUs signed this year with the supplier of managed services and technology based security solutions.
And finally, Haydale Graphene Industries PLC (LON:HAYD) has signed a new joint development deal which will see a thermosetting resin, based on the group’s functionalised graphene, used to develop class-leading pipeline solutions.
The new partnership is with Flowtite Technology AS, part of the Saudi Arabian Amiantit Company, which Haydale highlighted is the world's largest glass fibre reinforced plastic pipe company.