Technology
Ovoca Bio shares plummet after female libido treatment trial fails
Biopharmaceutical developer Ovoca Bio’s shares were plummeting on Thursday, after it released a summary of the top-line results from its phase two dose-ranging study evaluating Orenetide.
Coro gets £1m from Ion sale, contracts met mast for wind project
South East Asian energy company Coro Energy announced on Thursday that it had received £1m from the sale of Ion Ventures, as well as contracted the meteorological mast for its 100MW onshore Oslob Wind Power Project.
Wise breached Russia sanctions with £250 payment, says OFSI
The UK government announced on Thursday that financial services firm Wise Payments had violated Russia sanctions regulations in June last year.
Flowtech Fluidpower revenue rises but earnings fall
Flowtech Fluidpower reported a 2. 8% increase in revenue in its first-half results on Wednesday, reaching £59. 1m, compared to £57. 5m in the first half of 2022.
K3 Business Technology pleased with first-half performance
Fashion and apparel-focussed business software specialist K3 Business Technology reported an overall first-half performance that exceeded management expectations on Wednesday.
Belluscura signs 10-year licensing deal in China, Asian markets
Medical device developer Belluscura announced a 10-year exclusive licence, marketing and distribution agreement with InnoMax Medical Technology on Wednesday.
EnSilica wins EUR 2.5m satellite broadband chip contract
Application-specific integrated circuit (ASIC) specialist EnSilica has won a contract valued at €2. 5m for its satellite broadband chip, it announced on Wednesday.
Bidstack enters exclusive in-game ad partnership with Venatus
Bidstack Group announced an exclusive commercial partnership with Venatus Media on Wednesday, granting Venatus sole access to Bidstack's comprehensive in-game advertising inventory in six key global markets.
Scancell appoints healthcare finance veteran as new CFO
Immunotherapy developer Scancell announced the appointment of Sath Nirmalananthan as its new chief financial officer on Tuesday, effective immediately.
Polarean's Xenoview gets US reimbursement code
Medical device developer Polarean Imaging announced on Tuesday that its Xenoview technology has been granted a new reimbursement code by the US Centers for Medicare and Medicaid Services (CMS).
hVIVO announces new Canary Wharf trial facility
Human challenge trial specialist hVIVO announced plans to open a new state-of-the-art facility at the rapidly-expanding life sciences hub in Canary Wharf, London on Tuesday.
OptiBiotix reports solid progress across product lines
OptiBiotix Health announced a number of commercial advancements in an update on Tuesday, disclosing its highest-ever brand-specific online sales levels in July.
Hutchmed tumour therapy candidate gets breakthrough designation
Pharmaceuticals developer Hutchmed China announced on Tuesday that the Center for Drug Evaluation of China's National Medical Products Administration (NMPA) has granted breakthrough therapy designation (BTD) to its investigational drug savolitinib.
Boku migrates direct carrier billing service for Three UK
Payments technology company Boku announced the successful completion of the migration of Microsoft's direct carrier billing (DCB) service for Three UK on Tuesday.
IX Net Zero-linked Enphys looks to extend combination deadline
Energy transition investor IX Net Zero announced on Friday that its associate company, Enphys Acquisition Corporation, has taken preliminary steps to extend its deadline for initiating a business combination.
Proteome Sciences revenue, earnings dip in firist half
Proteome Sciences released its unaudited financial results for the first six months of the year on Friday, reporting an increase in its proteomics services revenues to £1. 01m, from £0. 85m a year earlier.
Shearwater to publish delayed final results on 5 September
Cybersecurity, advisory, and managed security services provider Shearwater Group announced an alteration to the release schedule for its final results for the year ended 31 March on Friday.
Zenova reports first-half growth as contracted sales roll in
Housing fire safety and heat management specialist Zenova Group reported significant financial growth in its first-half results on Friday, with sales rising to £0. 11m from £0. 08m year-on-year.
One Media's TCAT makes two sales and marketing appointments
One Media iP said on Thursday that its subsidiary TCAT had expanded its leadership team, introducing two new significant roles - a head of sales, and a head of marketing.
Benchmark confident in full-year amid mixed trading
Aquaculture biotechnology company Benchmark said in an update on Thursday that its third-quarter revenue came in at 6% below the prior year's figure.