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US patent boosts Byotrol

Mon, 21st Dec 2009 08:59

Germ killing technology company Byotrol's share price received a boost after it said that it had its US patent application accepted.Byotrol, which applied for the patent in 2002, said the patent runs until 2022. Meanwhile, a Fortune 150 multinational company has paid Byotrol and its joint venture partner Byotrol Consumer Products (BCP) $250,000 for the right to enter into exclusive negotiations to license Byotrol's patented technology. The negotiations are scheduled to run for six months with an option to run for an extra three months, subject to further payments to Byotrol and BCP. The unnamed company is principally interested in Byotrol's technology in the fields of pre-saturated wipes and liquids for certain surface care markets, The negotiations specifically exclude all currently contracted areas of business. 'At this very early stage there is no guarantee that this particular agreement will lead to any formal supply agreements, but it is an important step forward for the company,' said David McRobbie, chief executive of Byotrol.
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21 Dec 2009 12:00

London midday: Oil fired Footsie

Oil is fuelling the Footsie's rise today, with support from back-in-favour banks. Cairn Energy has secured a drill ship to get an early start on its exploration activities in Greenland. The oil company said drilling in Greenland will start a year ahead of schedule after it came to a deal with Hess

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20 Nov 2009 17:28

Jorge Cosmen raises National Express stake

Shares in National Express raced ahead after deputy chairman Jorge Cosmen increased his family's influence over the company, spending more than £1.7m on shares in the train and bus operator. He bought just over 500,000 shares at 341p a time and now has about 29m, which is just shy of 20% of the com

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17 Nov 2009 14:37

Byotrol's bumper interim revenues

Anti-microbial technology developer Byotrol reported strong revenue growth in the six months to September 2009 but this rate of growth will be difficult to maintain. Revenues jumped from £388,000 to £2m - more than double the level for the previous 12 months. Publicity about swine flu and other in

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17 Sep 2009 08:39

Small caps round-up: Byotrol, ReNeuron, Accuma...

Germ-killing product supplier Byotrol said it has seen a significant increase in orders and now expects results for the financial year to September 30 to be ahead of expectations. Shares in Meridian Petroleum gushed higher after the oil and gas firm announced an increase in prospective resources in

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16 Jun 2009 14:18

Kugler appointed chairman at Byotrol

Germ killing product developer Byotrol saw losses widen and sales slide slightly last year but said the current outlook is promising, as test results demonstrate the effectiveness of its hygiene technology. Revenue in the year to 31 March 2009 eased to £0.93m from £0.95m the year before, while loss

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