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Investor Update: Genedrive reports 'high clinical accuracy' for its AIHL assay kit

Headlines from Proactive UK newsroom.

Genedrive (LON:GDR) has scored 100% diagnostic sensitivity and 100% specificity in a test of its assay kit to identify babies at risk of hearing loss from the use of antibiotic gentamicin. The clinical study was based on 303 samples.

Gold miner Centamin (LON:CEY) has received a merger approach from Canadian peer Endeavour. However, Centamin has so far reportedly refused to engage in talks.

Immupharma (LON:IMM) is to follow up the licensing of lupus treatment Lupuzor to Avion with a presentation at the biotech showcase in San Francisco in January.

Frozen 2 ‘s strong opening has come too late to save Cineworld (LON:CINE) this year, with the cinema chain warning trading this year will miss expectations. Box office revenues have tumbled almost 13% 

Online fashion chain Boohoo (LON:BOO) has enjoyed a record Black Friday weekend, with trading strong since the half year. Ranges from acquired brands Karen Millen, Coast, and MissPap have been going well. 

Plumbing supplies group Ferguson (LON:FERG) says its demerger of UK subsidiary Wolseley remains on course to complete next year. Wolseley’s sales and profits fell in its latest quarter though a strong US performance is keeping the plumbing group on track overall. 

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