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Clinical stage stem cell business ReNeuron Group has won a £1. 5m grant to advance development of its hRPC stem cell therapy candidate for blindness-causing degenerative diseases of the retina.
Beleaguered mother and child retailer Mothercare announced the departure of chairman Alan Parker on Thursday, hot on the heels of the appointment of a new chief executive earlier this month.
Debenhams profits plunged 85% in the first half of its financial year as like-for-like sales slipped amid the "challenging UK market background" and heavy snow, while finance director jumped ship to join a department store rival.