Small Caps News
Faron Pharmaceuticals wins dispute with Rentschler at tribunal
Clinical-stage biopharmaceutical company Faron Pharmaceuticals announced on Tuesday that the arbitration tribunal appointed by the Arbitration Institute of the Stockholm Chamber of Commerce (SCC) had ruled in its favour in its case against Rentschler Biopharma.
System1 files trademark complaint in US court
System1 announced on Tuesday that, on 27 September, its US and UK subsidiaries System1 Research Incorporated and System1 Research Limited, filed a complaint for trademark infringement, unfair competition and deceptive trade practices.
Revenues fall, losses narrow for Genedrive
Near-patient molecular diagnostics company Genedrive reported revenue of £0. 7m in its final results on Tuesday, down from £1. 1m year-on-year.
James Cropper reports rise in full-year revenue, earnings
Paper products and materials company James Cropper reported first-half revenue of £49. 8m on Tuesday, rising from a restated £34m a year earlier, as its adjusted operating profit grew to £2. 5m from £1. 6m.
Orosur Mining reports progress at Anza Project
Orosur Mining updated the market on the Anzá Project in Colombia on Tuesday, reporting that assay results for five additional diamond drill holes had been received from the ALS laboratory in Lima, Peru.
Ideagen acquires Aussie firm CompliSpace for initial £58m payment
Information management software company Ideagen announced the acquisition of Compliance Technology Holdings, trading as ‘CompliSpace’, for an upfront consideration of AUD 105m (£57. 7m) and a deferred conditional earnout of up to AUD 5m on Tuesday.
Eckoh wins largest-ever secure payments cloud contract
Secure payment products provider Eckoh said on Tuesday that it had scored its largest-ever global secure payments cloud contract win.
Kath Kearney-Croft tapped for role of Learning Technologies' CFO
Digital education and talent management company Learning Technologies announced the appointment of Katharina ‘Kath’ Kearney-Croft as its new chief financial officer on Tuesday, with immediate effect.
Renalytix inks partnership with US healthcare provider St Joseph's
Renalytix announced a partnership with St Joseph's Health on Tuesday, to implement an advanced clinical care model designed to improve kidney health in patients with type-2 diabetes and early-stage chronic kidney disease.
ITM Power agrees heads of terms to buy new Sheffield site
Energy storage and clean fuel technology company ITM Power has agreed heads of terms to acquire a site for its second UK factory in Tinsley, Sheffield, from the University of Sheffield, it announced on Tuesday, at a cost of £13. 4m.
Warehouse REIT turns in strong first-half performance
Specialist commercial property investor Warehouse REIT reported continued strong rent collection performance in its half-year results on Tuesday, with 92. 1% of rent due collected as at 4 November.
Blue Prism sees net new bookings decline in second half
Automation technology company Blue Prism said in a trading update on Tuesday that total bookings including renewals were expected to be around £221m for its financial year just ended, rising from £180m last year.
GYG FY financial outturn seen 'much lower' than previously expected
Superyacht maintenance business GYG said on Tuesday that it now expects to deliver a financial outturn for 2021 "much lower" previously anticipated.