Motif Bio Plc’s (NASDAQ:MTFB, LON:MTFB) iclaprim next-generation antibiotic has moved a step closer to potential commercialisation after the last patient finished their treatment in the REVIVE-2 phase III trial.
The study is investigating the safety and efficacy of iclaprim in patients with acute bacterial skin and skin structure infections (ABSSSI).
Elsewhere, Trinity Exploration & Production PLC (LON:TRIN) told investors it has seen a step-change in its financial performance, delivered during a period of transition.
In an operational update ahead of interim results, due September 25, the company said that it continued the upward trajectory in production into the second half.
In other news, Jubilee Platinum PLC (LON:JLP) told investors that it has executed a US$50mln project funding agreement to support its metals recovery business.
The company highlighted that the deal is structured at project level to minimise dilution and enhance shareholder value.
Over at its Thornton Science Park in Chester, PowerHouse Energy Group PLC (LON: PHE) has started demonstrations of its waste-to-hydrogen technology ahead of an expected full week of operation in September.
The green energy group will collect data from a variety of sources integrated throughout the G3-UHt unit during this demonstration phase and this information will be used in the design of a first commercial unit.
Empyrean Energy PLC (LON:EME) updated investors on the operations on the Dempsey 1-15 well, in the Sacremento basin in California, where it says drilling is going to plan.
Improved vanadium prices have given a lift to Bushveld Minerals Limited’s (LON:BMN) recently acquired associate, Vametco.
Bushveld, which acquired an effective 35% stake in Vametco in April, said interim underlying profits at the South Africa-based miner climbed to R85.5mln (£4.9mln) or 80% more than the whole of 2016.
Mobile messaging specialist Zamano Plc (LON:ZMNO) said it plans to sell its PSMS arm, its remaining business, as part of the wind down of the company.
It is speaking to a number of potential buyers, and said it is close to concluding a deal with a preferred party.
Elsewhere, Haydale Graphene Industries (LON:HAYD), the advanced materials group, has established operations in Taiwan.
Haydale Technologies (Taiwan) will operate as a dedicated producer and sales outlet of graphene-based conductive inks and pastes, including other functional and specialty inks and pastes.
And finally, Yosi Fait, finance director of Telit Communications Plc (LON:TCM), is to serve as interim chief executive officer while Oozi Cats takes a leave of absence, pending the outcome of an investigation into US indictments relating to Cats that pre-date the establishment of Telit.