ImmuPharma PLC (LON:IMM) chairman Tim McCarthy said he believes Lupuzor has the potential to offer lupus sufferers a much needed treatment after researchers took a deeper dive into the data generated by its phase III clinical trial of the company's flagship drug candidate.
Advanced Oncotherapy PLC (LON:AVO) has found a way to more accurately measure the energy of each proton pulse used in its proton therapy system. The company said its newly-developed time-of-flight (TOF) testing of beam energy control and adjustment has proved to be successful with real-time results demonstrating remarkably good agreement with computer simulations.
Mosman Oil And Gas Limited (LON:MSMN) has raised £600,000 of additional capital through a share placing with the new funds. It is issuing 109mln new shares at a price of 0.55p each. The company told investors that it is now focusing on maximising the delivery of short and medium-term benefits from its projects.
Amryt Pharma PLC (LON:AYP) has signed four further distribution agreements for Lojuxta, its treatment for homozygous familial hypercholesterolaemia, across the Middle East.
Diagnostics group Akers Biosciences Inc (NASDAQ:AKER, LON:AKR) said it will re-evaluate its options for its rapid chlamydia test after it decided to withdraw its regulatory application for the product at the recommendation of the US Food & Drug Administration.
SkinBioTherapeutics PLC (LON:SBTX) said it will fulfil the industrial partner role in a skin health research grant awarded by the Biotechnology and Biological Sciences Research Council (BBSRC) to the University of Manchester.
A boardroom battle has broken out at Southend Airport owner Stobart Group Ltd (LON:STOB). Former chief executive Andrew Tinkler has indicated he will vote against the re-appointment of chairman Iain Ferguson at June’s AGM.
Bluejay Mining PLC (LON:JAY) has refuted speculation regarding a potential fundraise, saying it is not considering one at this time. The AIM-listed mining group said whilst it is likely that it would require additional funding at a future date, its current cash balance is in excess of £15mln and that it remained focused on the development of its Dundas Ilmenite Project in Greenland, with the 2018 fieldwork programme due to commence in June and run through to October.
Allergy Therapeutics plc (LON:AGY) said that house-dust immunotherapy has shown to be well-tolerated and demonstrates highly significant symptom improvement. The AIM-listed biotechnology company that the total of 141 patients were evaluated and they demonstrated a 43% decrease in combined symptom medication score compared with baseline after one year.
Belvoir Lettings PLC (LON:BLV) said that trading during the first four months of the current financial year has continued well and is in line with its expectations. In a trading update ahead of its annual general meeting on Tuesday, the UK’s largest property franchise said revenue increased from its three key income streams of residential lettings, property sales and financial services.
United Oil & Gas Plc (LON:UOG) updated investors as the 20% owned Podere Maiar 1 well, in the Podere Gallina licence, is advancing towards production. The Podere Maiar discovery was announced in January, following positive well results, and, United today confirms that a development plan has now been submitted to the Italian authorities.
88 Energy Ltd (LON:88E) confirmed it is on-track to restart well testing operations at the Icewine-2 well site by June 11. The company, in a statement, told investors that site clearance work had now been completed, meanwhile, pressure build up analysis is presently underway ahead of the tests.
Echo Energy Plc (LON:ECHO) told investors that drilling is now underway on the ELA-1 well, at the Laguna de Los Capones asset which is part of the wider Fracción C project area. It is the second of four planned wells in the current programme.
Range Resources Ltd (LON:RRL) has started operations at its Perlak field in Northern Sumatra, Indonesia. Re-opening work on the first well, POG-D, has already started and is expected to be completed by the end of this month.
Ironridge Resources Ltd (LON:IRR) has intersected significant pegmatite at its Ewoyaa project in Ghana. Indications are at this stage that the rock contains two types of lithium-bearing mineralisation, although core isn't due back from assay labs for about two months. However, IronRidge has already identified lithium in trenching work, and chief geologist Len Kolff is "eagerly awaiting results."
Bezant Resources plc (LON:BZT) has renewed its Mankayan copper-gold license in the Philippines. The license is now good until April 2020, and the company now plans to undertake technical and community engagement programmes there.
Metminco Limited (LON:MNC) (ASX:MNC) announced that Andrew Metcalfe will be joining the company as its CFO and joint company secretary effective from 28 May 2018. The group said Metcalfe provides CFO and company secretarial services and advises on corporate governance matters for a number of ASX listed, public and private companies and not for profit organisations.
ClearStar Inc (LON:CLSU), the technology and service provider to the background check industry, said non-executive director André Schnabl purchased 15,000 ordinary in the company on 25 May a price of 58p each. Following the purchase, Schnabl holds 97,000 ordinary shares, representing approximately 0.3% of the company’s issued share capital.
Westminster Group PLC (LON:WSG), a leading supplier of managed services and technology-based security solutions worldwide, has announced the appointment of Patsy Baker as a non-executive director from 1 June 2018. The firm said Baker has considerable public relations and marketing experience, having spent over 20 years as the Group Business Development Director with Bell Pottinger. In November 2017 she joined Huntsworth PLC as Senior Group Advisor.
Zichain, the Switzerland-based crypto finance company, has announced the appointment of Alexander Borodich to its advisory board. The firm said Borodich is a pioneer in the fields of innovation and blockchain, a venture investor with over 70 projects worldwide, and a digital media strategist.