Belluscura Share News (BELL)

IN BRIEF: Belluscura inks first international distribution agreement

Belluscura PLC - London-based medical device developer - Enters its first international distribution agreement outside of the US, with MedHealth Supplies. Says MedHealth is a durable medical equipment provider in South Africa. MedHealth has placed orders for both 2022 and 2023, with deliveries to commence immediately.

IN BRIEF: Otaq appoints Belluscura, MyHealthChecked chair in same role

Otaq - Lancaster, England-based marine technology for offshore oil and gas industries and aquaculture - Appoints Adam Reynolds as chair, effective immediately. Reynolds is chair at medical device developer Belluscura PLC and Cardiff-based healthcare company MyHealthChecked PLC. He replaces Alex Hambro, who leaves Otaq immediately.

TRADING UPDATES: Zambeef expects profit jump; Mobile Streams wins deal

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

IN BRIEF: Belluscura interim loss widens; signs distribution agreement

Belluscura PLC - London-based medical device developer - In the six months ended June 30, reports a widened pretax loss of USD4.6 million. The previous year, the firm posted a loss of USD2.4 million. Revenue in the half totals USD561,745, up from nil the previous year. Belluscura says it strengthened its manufacturing capacity, secured its supply chain and reduced its production costs during the half. Looking forward, focus is on the completion of the development and testing of its next product, DISCOV-R, a portable oxygen concentrator. Chair Adam Reynolds adds the firm expects "substantial growth" over the coming years.

UK earnings, trading statements calendar - next 7 days

IN BRIEF: Belluscura signs agreement for supply of oxygen concetrators

Belluscura PLC - London-based medical device developer - Enters into an agreement for the supply of portable oxygen concentrators with VGM Group Inc. Says that VGM is "largest and most comprehensive" member service organisation in the US for post-acute healthcare. Over 2,500 healthcare providers with nearly 7,000 locations across the US rely on VGM to supply them with healthcare resources, it adds.

TRADING UPDATES: Anglo-Eastern Plantations sees palm oil prices rise

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

TRADING UPDATES: Knights tips revenue hike; Gym Group eyes growth

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

IN BRIEF: Belluscura raises GBP6 million in oversubscribed placing

Belluscura PLC - London-based medical device developer - Increases the size of the GBP5 million placing that was announced on Thursday, as it was "significantly" oversubscribed. Raises GBP6 million through the placing of 7.1 million shares at 85 pence per share. Says the placing price represents a 15% discount to the closing mid-market price on Thursday. Says the placing shares represent roughly 6.2% of its existing share capital. Notes that Dowgate Capital Ltd acted as sole broker and bookrunner. Plans to use the proceeds to fund the purchase of raw material inventory and for manufacturing non-recurring engineering costs in connection to its recently announced global manufacturing deal with InnoMax Medical Technology Ltd.

TRADING UPDATES: Belluscura to raise GBP5 million; React buys

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

TRADING UPDATES: Block Energy ups production; SEEEN wins new customers

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

LONDON MARKET CLOSE: FTSE 100 keeps head above water on oil strength

(Alliance News) - The FTSE 100 was able to outperform European peers on Wednesday - a reversal from Tuesday - as the commodity-heavy index was getting a lift from oil companies and miners.

Belluscura signs manufacturing deal in China

(Sharecast News) - Medical device developer Belluscura has signed a manufacturing master supply agreement with InnoMax Medical Technology, it announced on Wednesday, to manufacture the 'X-PLO2R' portable oxygen concentrator in China.

IN BRIEF: Belluscura shares rise on manufacturing agreement in China

Belluscura PLC - London-based medical device developer - Signs a manufacturing master supply agreement with InnoMax Medical Technology Ltd, a joint venture between MexNerva Technology Services Ltd and China's National Centre for Advanced Medical Devices. The agreement is for the manufacture of the X-PLO2R portable oxygen concentrator in China. Belluscura says the agreement will more than double its manufacturing capacity next year. Commercialisation and distribution in Asia is expected to occur no later than the first quarter of 2023. The agreement has an initial duration of three years. Belluscura does not disclose the financial details.

AIM WINNERS & LOSERS: Belluscura in China pact; Team17 warns on costs

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.