Skip to main content
The Markets by Proactive
Go to Proactive UK

Pharma & Biotech

Proactive news summary - Plant Impact, ANGLE, Fitbug, Trinity Oil & Gas, Acacia Mining

Shares in AIM-listed Plant Impact (LON:PIM) shot 15% higher at the start of the week.

The firm, which focuses on crop enhancement, signed a US$9mln deal with Bayer – a deal which builds on its relationship with the German pharma and chemical giant.

Fitness tracking gadget maker Fitbug (LON:FITB) also started strong as it updated investors on a hefty new order worth US$83,000.

ANGLE (LON:AGL) is to raise up to £8.8mln through a placing and offer to investigate applications of its Parsortix cancer cell filter in ovarian cancer

Onto oil, Trinity Oil & Gas (LON:TRIN) is aiming for a number of strategic milestones in the current quarter, while its producing operations weather the impacts of lower oil prices.

Oil and gas exploration company Bahamas Petroleum (LON:BPC) has sharply reduced the estimated cost of drilling its first exploration well.

Europa Oil & Gas (LON:EOG) has struck a deal to sell an 80% stake in the Tarbes Val d'Adour permit, onshore France, to Canadian firm Vermilion Energy.

Acacia Mining (LON:ACA), which changed its name from African Barrick Gold, reported on a turnaround 2014, which saw it reduce costs and beat production guidance.

Galantas Gold (LON:GAL, CVE:GAL) has brought in £316,677 via a previously announced private placing to finance its underground planning application and for working capital.

Tungsten's (LON:TUNG) shares steamed higher after Royal Caribbean Cruises joined the electronic invoicing firm's network.

Nektan (LON:NKTN) is to provide readers of the Sun newspaper with mobile phone games for prizes and cash.

ServicePower Technologies (LON:SVR) has picked up two contracts in the UK worth £450,000 in total.