LONDON: The AstraZeneca US Phase III trial of AZD1222 demonstrated statistically significant vaccine efficacy of 79% at preventing symptomatic COVID-19 and 100% efficacy at preventing severe disease and hospitalization, a news release said. This interim safety and efficacy analysis was based on 32,449 participants accruing 141 symptomatic cases of COVID-19. The trial had a 2:1…
Avation delivers a new ATR 72-600 aircraft to US-Bangla Airlines
LONDON: Avation Plc, the commercial passenger aircraft leasing company, has delivered a new ATR 72-600 aircraft, with manufacturer’s serial number 1591, to the South Asian airline US-Bangla Airlines. Avation’s Executive Chairman, Jeff Chatfield said: “We are pleased to complete this third operating lease transaction with US-Bangla Airlines. We are starting to observe recovery in the…
Shield Therapeutics appoints new Chief Financial Officer
LONDON: Shield Therapeutics announced that Hans-Peter Rudolf is joining Shield’s Senior Executive Team as Chief Financial Officer with immediate effect. Hans-Peter is a Swiss national with extensive international experience, particularly in the US. Starting his studies at the University of Zurich and graduating from Cleveland State University, Ohio, Hans-Peter is a US Certified Public Accountant…
Helen Kuhlman appointed Chief Business Officer at Evgen Pharma
LONDON: Evgen Pharma announced that Helen Kuhlman PhD will be joining the Company as Chief Business Officer effective from 1 April 2021. Dr Kuhlman has over 20 years’ experience in government funding and equity investment together with scientific and business roles in public and private R&D-based biotechnology companies. She joins Evgen from the Development Bank…
MetalNRG and EQTEC to develop sustainable green energy projects
MetalNRG plc has entered into a Framework Partnership Agreement (FPA) to develop sustainable Green Energy projects in partnership with EQTEC plc.
Imperial X to list on London Stock Exchange, change name to Cloudbreak Discovery
LONDON: Imperial X Plc confirmed its intention to apply for admission of its ordinary shares to trading on the Standard Segment of the Official List and to trading on the London Stock Exchange’s Main Market. Trading of the Company’s Ordinary Shares on AQSE will be cancelled simultaneously with Admission. It is also proposed that on…
Knights to acquire Mundays LLP in a £5.3 million deal
LONDON: Knights Group has agreed to acquire Mundays LLP, an independent commercial law firm based in Surrey. The acquisition of Mundays strengthens Knights’ presence in the South East, in line with the Group’s strategy to accelerate its organic growth through carefully targeted acquisitions which are a strong cultural fit. Established over sixty years ago in…
Instem to acquire US-based d-Wise Technologies for a total of $31 million
LONDON: Instem plc, a leading provider of IT solutions to the global life sciences market, exchanged contracts to acquire US-based clinical trial technology & consulting leader d-Wise Technologies Inc for a total consideration of up to $31 million, net of any cash acquired and adjusted for a normalised level of working capital The consideration will…
Pakistan CAD narrowed to USD 50mn in Feb’21, down 75% YoY
Current Account Deficit (CAD) for the month of Feb’21 was down by 75% YoY to USD 50mn or 0.2% of the GDP compared with deficit of USD 197mn during Feb’20. On YoY basis, the primary reason behind the decline in deficit was 8% YoY (USD 186mn) and 24% YoY (USD 441mn) rise in total exports…
AMG Advanced Metallurgical Group N.V. added to the Euronext AMX Mid Cap Index
AMSTERDAM: AMG Advanced Metallurgical Group N.V. has been promoted from the AScX (small cap) to the AMX (mid cap) index, effective Monday, March 22, 2021. Euronext announced the results of the annual review of its AEX, AMX and AScX indices, which are based on free-float adjusted market capitalization and liquidity. AMG is a global critical…
Valneva joins Euronext SBF 120 and CAC Mid 60 Indices
SAINT-HERBLAIN: Valneva SE has joined the SBF 120 and CAC Mid 60 indices, following the recent quarterly review of Euronext Paris Indices Committee, a news release said. The SBF 120 index is one of the flagship indices of the Paris Stock Exchange, consisting of the top 120 stocks listed on Euronext Paris in terms of…
Spaceflight Inc. wins NASA LLITED launch contract
SEATTLE: Spaceflight Inc. has been awarded a launch service contract for the integration and launch of NASA’s LLITED mission, two 1.5U spacecraft, a news release said. Spaceflight Inc. will transport the NASA Low-Latitude Ionosphere/Thermosphere Enhancements in Density (LLITED) CubeSats to low Earth orbit on its Sherpa-LTC orbital transfer vehicle (OTV) at the end of the…