Instem Plc (LON:INS), the developer of software used by the life sciences industry to collate and transmit data, said first-half trading was in line with market expectation. The highlight was the performance of its SEND product, with the value of contracts won thus far in 2018 exceeding the total for all of last year.
The commercialisation partner for Futura Medical PLC’s (LON:FUM) TPR100 fast-acting pain relief gel has filed the product’s marketing authorisation application with UK regulators.
Kromek Group PLC (LON:KMK) has been awarded two new contracts from the US’s Department of Homeland Security (DHS) and the Defense Threat Reduction Agency (DTRA), an agency of the Department of Defense.
Midatech Pharma Plc (LON:MTPH) said its US arm has signed a deal that gives it the exclusive right to promote a cancer care product in the US. It has inked a co-promotion agreement with Bausch Health Companies to for NeutraSal to oncology customers in the US.
Keywords Studios PLC (LON:KWS) has acquired Yokozuna Data, a developer of artificial intelligence (AI) and machine learning technologies based in Japan.
Chariot Oil & Gas Limited (LON:CHAR) told investors that it has been given an option to acquire between 10% and 20% of a Royal Dutch Shell Plc (LON:RDSB) led exploration venture offshore Mauritania. Shell was recently awarded block C-19, an area previously held by Chariot before it walked away from the project in 2016 when a weak market prevented the junior explorer from securing a farm-out deal.
Sound Energy PLC (LON:SOU) has detailed administrative changes related to its eastern Morocco assets which see partner Schlumberger taking a direct interest in the projects.
SDX Energy Inc (LON:SDX) has announced another new discovery at the South Disouq project, in Egypt. The SD-3X well was drilled down to a depth of 7,842 feet and it encountered 32.6 metres of net conventional natural gas pay, in the Abu Madi and Kafr el Sheik horizons.
Cabot Energy Plc (LON:CAB) told investors that its new executive management team is confident there will be an improved performance, through its planned 2019 work programme. Scott Aitken was appointed as the new Cabot chief executive in June, and, in the subsequent weeks has met with operations teams in the UK, Italy and Canada.
Amur Minerals Corporation (LON:AMC) has entered into a Memorandum of Cooperation with GEFCO LLC, a global expert in supply-chain solutions with a strong presence in Russia, being 75% owned by JSC Russian Railways.
Galileo Resources PLC (LON:GLR) will start a second drill progamme at the Star Zinc project in Zambia after an independent review of historical gravity geophysics data matched well with its own results. Colin Bird, chief executive, said there was good correlation with known zinc mineralisation at Star Zinc.
Shefa Yamim ATM (LON:SEFA) has appointed PPM, a South African project management and engineering company to provide working and capital cost estimates for bringing the Kishon Mid-Reach alluvial precious stones deposit into production.
Plastics group Symphony Environmental PLC (LON:SYM) has published another defence of its oxo-biodegradable technology after a critical BBC report last week. Doubts about how long oxo-biodegradable plastics take to degrade in water were raised in the BBC programme, while the European Commission has also expressed concerns over degradation time.
Rosslyn Data Technologies PLC (LON:RDT), a leading global big data technology company, has announced that James Appleby will be joining its board as a non-executive director with immediate effect. He will be replacing Ed Stacey, who has been on the board since the IPO in April 2014.
Adamas Finance Asia Limited (LON:ADAM) announced that, further to its announcement on 15 June 2018, the pan-Asian diversified investment vehicle has now received US$3.0mln from Fortune Insight Limited being the cash component of the consideration payable in respect of its acquisition of ADAM's interest in Global Pharm Holdings Inc. The group said a further announcement will be made upon Fortune completing its US$12.6mln subscription for shares in Adamas as agreed under the revised terms for the disposal.