Immupharma Plc (LON:IMM) was firmly in the spotlight on Wednesday as a paper for a leading cancer journal reveals its latest development may offer a method of tackling difficult to treat forms of the disease.
Broker Northland, meanwhile, highlighted that Immupharma’s share price is well below where it deserves to be.
Futura Medical Plc’s (LON:FUM) erectile dysfunction treatment MED2002 has proven to be more effective than even the business itself first thought.
Even in patients with more severe ED, the gel treatment will have an effect within ten minutes, and even sooner for most men.
“What we’ve now found is that [the treatment] is faster than we originally thought,” James Barder tells Proactive. “On around about 16% of men it will have an effect in one minute, with an average of around five minutes.”
Gene editing firm Horizon Discovery Group PLC (LON:HZD) has now entered the important Chinese market - striking deals with three leading diagnostic kit manufacturers.
The AIM listed biotech will provide its HDx reference cell lines to be used to develop assays, for use in clinical trials, and ultimately to be used in-kit controls under original equipment manufacturer (OEM) agreements. It will receive upfront revenue.
Significantly, these early steps have led to the company being approached for further partnerships with 20-30 other players in a market, which is expected to reach US$10bn by 2021.
Summit Therapeutics PLC (LON:SUMM NASDAQ:SMMT) has enrolled its first patients at trial sites in the US into PhaseOut DMD.
PhaseOut is a Phase 2 proof of concept clinical trial of its utrophin modulator ezutromid in patients with DMD. Dosing is expected to follow for US patients within 28 days. The PhaseOut trial is already underway in the UK.
Ergomed Plc (LON:ERGO) has been cheered by news of progress in a medical study by one of its co-development partners, Modus Therapeutics. The pharma services and drug development group drew its shareholders’ attention to an announcement by Modus relating to sevuparin, a new drug to treat people suffering from Sickle Cell Disease.
Ticketing and virtual queuing group accesso Technology Group (LON:STR) has come up with another must-have gizmo to improve the theme park experience.
The company has launched accesso Prism, which it claims is the most technologically advanced smart park wearable device available - here we take a closer look.
Providence Resources PLC (LON:PVR) says it should be drilling an exploration well in the Kish Bank basin before the summer of 2018.
The Irish oil company told investors it has secured extensions to the exploration licence for the project off the Dublin coastline.
It now expects to have arranged planning, consent and drilling within the first phase of the licence, which has now been extended by two years to August 2018. The company was also granted an extra year to the overall licence period, which now runs to August 2020.
Savannah Resources Plc (LON:SAV) has unearthed more high grade copper from drilling in Oman and has started a new programme to add additional resources to the mine plan.
Grades from Mahab 4 and Maquail South in Block 5 continued the good mineralisation found earlier, said David Archer, chief executive. At Mahab, the final hole in the programme recorded 14.25m at 3.86% copper adding to a previous best indication of over 47m at 6%.
Bezant Resources plc (LON:BZT) has thrown its weight fully behind its exploration and alluvial activity in Colombia and written off its interest in the Mankayan project in the Philippines.
The impairment charge of £8.3mln came after Bezant decided the uncertain mining environment in the Philippines meant a sale of Mankayan was unlikely. It meant an after–tax loss of £9.1mln for the year to June.
Strategic Minerals plc (LON:SML) has updated on progress in Cornwall, saying tenders had been put out for a two phase, 23 hole drilling programme to begin at the Redmoor tenements in the first half of next year.
In addition, NAE Resources, the joint venture with New Age Exploration Limited (ASX: NAE), which owns the Redmoor Tin/Tungsten project, has changed its name to Cornwall Resources Limited (CRL), it said.
South Africa focused Diamondcorp Plc (LON:DCP) has begun business rescue proceedings following the recent rainfall and flooding at the Lace mine, and a board resolution to that effect was filed.
The firm's operating subsidiary LDM will appoint a business rescue practitioner in due course, it said.
As reported on Monday, shares were suspended after the mine was flooded by heavy rainfall following two storms.