Company News
Oxford Biomedica confident as it moves away from vaccine era
Cell and gene therapy contract development and manufacturing organisation (CDMO) Oxford Biomedica reported stability in its core business on Monday, with a small increase in full-year core revenue for 2023, despite a 36% decrease in total revenue to £89. 5m.
Entain reprices two term loans, revises interest cost outlook
Betting and gambling giant Entain announced the successful repricing of two of its existing ‘Term Loan B’ loans on Monday, along with the pricing and allocation of fungible add-ons, in a bid to optimise its financial position.
N Brown chairman Ron McMillan to retire
N Brown said on Monday that chairman Ron McMillan will be retiring and stepping down from the board with effect from 30 April for personal reasons.
McCarthy out, Adshead in as Ultimate Products chair
Ultimate Products, the parent of homeware brands including Salter and Beldray, announced a change in its leadership on Monday, with James ‘Jim’ McCarthy deciding to step down as non-executive chair from 31 July.
Supermarket Income REIT buys portfolio of Carrefour supermarkets for €75.3m
Supermarket Income REIT said on Monday that it has bought a portfolio of Carrefour supermarkets in France through a sale and leaseback transaction for €75. 3m.
Kosmos Energy refinances reserve-based lending facility
Kosmos Energy announced the refinancing of its reserve-based lending (RBL) facility on Monday, with its final maturity now set for December 2029.
Endeavour pours first gold at Senegal mine
Endeavour Mining said it had poured first gold from the Sabodala-Massawa BIOX Expansion project in Senegal on April 18.
AstraZeneca makes progress with two breast cancer treatments
AstraZeneca issued favourable updates on two of its breast cancer treatments on Monday - ‘Truqap’, or capivasertib, and ‘Enhertu’, or trastuzumab deruxtecan - following encouraging results from respective phase three trials.
Wood Group creates new chief strategy officer role
Consulting and engineering business Wood Group has created a new executive role of chief strategy officer to look after things like sustainability and corporate development.
Insurer Beazley keeps guidance after solid Q1 premiums growth
Insurance group Beazley said that first-quarter results were in line with guidance with insurance written premiums (IWP) growing at high single digits.