News And Announcements
IP Group commits $8.5m to Carisma Therapeutics fundraising
Intellectual property-based business developer IP Group announced on Wednesday that its US-based portfolio company Carisma Therapeutics has launched a $53 million Series A fundraising.
Countryside sees 10-15% growth in completions over medium term
Countryside Properties said it expected annual property sales to increase by 10-15% or more over the medium term as the housebuilder and developer said it was trading in line with expectations.
ITV finance chief Griffiths hands in notice
ITV is looking to replace chief operating officer and finance director Ian Griffiths after he announced his intention to retire in the next 12 months.
IWG warns annual profit will miss expectations
IWG warned annual profit would be up to £20m lower than the serviced office group had expected because of weak performance at its UK business and short-term losses from opening new sites.
AstraZeneca and Merck see positive ovarian cancer results from Lynparza
AstraZeneca, alongside Merck, announced positive results from the randomised, double-blinded, placebo-controlled, Phase III SOLO-1 trial of Lynparza (olaparib) tablets on Wednesday.
Ultra Electronics warns on profits as Herley weighs
Ultra Electronics issued a profit warning on Wednesday as its defence and aerospace business in the US, Herley, was hit by cost overruns on development contracts.
Bunzl growth slows to 'more normal' level, with no acquisitions
Distribution and outsourcing group Bunzl slowed to a "more normal" pace of growth in the second quarter of the year, with a relatively rare absence of acquisitions.