PERTH: AusCann Group Holdings Limited announced Nick Woolf as the new Chief Executive Officer (CEO) effective immediately. Nick joins AusCann after some 25 years’ experience in the Investment Banking and Life Sciences industries both in Australia and internationally. His previous roles include CEO of Proteolytics, Chief Business Officer of Suda Pharmaceuticals and Chief Financial Officer…
Austrian government finance package provided to ADX Energy
SYDNEY: ADX Energy Ltd has secured Euro 1.13 million funding for its wholly owned Austrian subsidiary ADX VIE GmbH via a program of Austrian state financing from Austria Wirtschafts Service (AWS) and Volksbank Wien AG which is ADX local commercial bank. The funding is provided with very favourable terms including an average interest rate of…
Telstra to sell Clayton data centre for $416.7 million
LONDON: Telstra Corporation entered an agreement to sell its data centre complex in Clayton, Victoria, to Centuria Industrial REIT for $416.7 million, a news release said. The sale includes a triple-net lease-back arrangement which means Telstra will retain ownership of all IT and telecommunications equipment, as well as ongoing operations and responsibility for building upgrades…
British American Tobacco appoints Guy Meldrum as new President of Reynolds American Inc
LONDON: British American Tobacco (BAT) has announced a new President for US business, Reynolds American Inc. Ricardo Oberlander will step down as President of Reynolds American, Inc. and from the Management Board on 31 August 2020 and will leave the Group at the end of the year. Ricardo has been with the Group for almost…
ADMM and Gfinity launch new digital motorsport competition V10 R-League
LONDON: Gfinity Plc, a world-leading esports and gaming solutions provider, and Abu Dhabi Motorsport Management (ADMM) have launched a new digital motorsport competition, the V10 R-League. The V10 R-League is launched as part of the Global Racing Series, the first stage of the activation of the 5-year agreement between ADMM and Gfinity announced on 4…
Allied Minds’ portfolio company, TableUp acquired by TouchBistro
LONDON: Allied Minds plc announced that its portfolio company, TableUp Inc. has been acquired by TouchBistro Inc. Terms of the acquisition were not disclosed. The acquisition was structured as a stock-for-stock transaction in which TouchBistro acquired 100% of the shares of TableUp in exchange for the issuance of TouchBistro common shares to the shareholders of…
Diurnal’s Alkindi receives approval from the Ministry of Health in Israel
LONDON: Diurnal Group plc announced that Alkindi (hydrocortisone granules in capsules for opening) has received approval from the Ministry of Health in Israel as a replacement therapy of adrenal insufficiency (AI) in infants, children and adolescents (from birth to <18 years old). Israel represents a significant potential market opportunity, given the estimated higher than global…
BATM and Arm successfully complete proof-of-concept with Vodafone
LONDON: BATM Advanced Communications Limited, a leading provider of real-time technologies for networking solutions and medical laboratory systems, announced the successful completion of a proof-of-concept by leading network operator, Vodafone, of the Arm-based uCPE that is run on the NFVTime operating system developed by the Group’s wholly-owned subsidiary, Telco Systems. The Arm-based uCPE was tested…
NetScientific plans to acquire EMV Capital; £2.3 million share issue
LONDON: NetScientific plc, the transatlantic healthcare IP commercialisation group, has conditionally agreed to acquire EMV Capital, an investment services company which has interests in the industrial high-tech, energy, circular economy, smart city, transportation and healthcare sectors. The Directors of NetScientific are proposing a capital reorganisation in order to increase the market value of the Company’s…
AstraZeneca PLC
AstraZeneca PLC is a British-Swedish multinational pharmaceutical and biopharmaceutical company with its global headquarters in Cambridge, England. Its R&D is concentrated in Cambridge, Gaithersburg, Maryland, U.S. and Mölndal, Sweden. AstraZeneca has a portfolio of products for major disease areas including cancer, cardiovascular, gastrointestinal, infection, neuroscience, respiratory and inflammation. The company was founded in 1999 through…
Aston Martin Lagonda Global Holdings plc
Aston Martin Lagonda Global Holdings plc is a British independent manufacturer of luxury sports cars and grand tourers. It was founded in 1913 by Lionel Martin and Robert Bamford. Steered from 1947 by David Brown, it became associated with expensive grand touring cars in the 1950s and 1960s, and with the fictional character James Bond…
Assura PLC
Assura PLC (LSE: AGR) is a British-based property business headquartered in Warrington. It designs, builds, invests in and manages General Practitioner (‘GP’) and primary care buildings in the UK. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. The business invests in and develops primary care buildings…