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IN BRIEF: Redx Pharma Plans USD30 Million Fundraise; Loss Narrows

Tue, 30th Jun 2020 14:47

Redx Pharma PLC - Macclesfield-based cancer treatment firm - Narrows pretax loss to GBP4.0 million in six months to March 31 from GBP4.1 million loss a year ago. Reports revenue of GBP1.2 million, versus none in first six months of prior year. Plans to raise USD30 million through issue of USD29 million convertible loan notes and a GBP812,000 share subscription from investment fund Sofinnova Crossover I SLP.

Current stock price: 22.50 pence

Year-to-date change: up more than double from 8.00p

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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9 Sep 2020 12:26

Redx signs new collaboration deal with Jazz Pharmaceuticals

(Sharecast News) - Drug discovery and development company Redx Pharma has signed a new research collaboration agreement with Jazz Pharmaceuticals to discover and develop drug candidates for two cancer targets on the Ras/Raf/MAP kinase (MAPK) pathway.

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5 Aug 2020 15:11

UK EXECUTIVE CHANGE SUMMARY: InnovaDerma CEO Steps Down Immediately

UK EXECUTIVE CHANGE SUMMARY: InnovaDerma CEO Steps Down Immediately

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4 Aug 2020 13:58

IN BRIEF: Redx Pharma Inks Licencing Agreement With AstraZeneca

IN BRIEF: Redx Pharma Inks Licencing Agreement With AstraZeneca

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4 Aug 2020 08:45

Redx Pharma surges on AstraZeneca licensing agreement

(Sharecast News) - Redx Pharma shares soared on Tuesday after it signed a licensing agreement with AstraZeneca for its porcupine inhibitor for fibrotic diseases, RXC006.

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1 Jul 2020 17:15

UK DIRECTOR DEALINGS SUMMARY: Braveheart Buys Stake In RMS From Brown

UK DIRECTOR DEALINGS SUMMARY: Braveheart Buys Stake In RMS From Brown

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18 May 2020 14:39

UK EXECUTIVE CHANGE SUMMARY: FastForward Innovations Names Chair, CEO

UK EXECUTIVE CHANGE SUMMARY: FastForward Innovations Names Chair, CEO

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1 May 2020 14:36

Redmile Acquires Additional 34% Stake In Redx As Offer Closes

Redmile Acquires Additional 34% Stake In Redx As Offer Closes

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23 Apr 2020 15:40

UK TRADING UPDATE SUMMARY: Braemar Says Oil Tankers Wanted For Storage

UK TRADING UPDATE SUMMARY: Braemar Says Oil Tankers Wanted For Storage

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9 Apr 2020 18:38

Redmile Buys Further 24.1 Million Redx Shares, Now Holds 58% Stake

Redmile Buys Further 24.1 Million Redx Shares, Now Holds 58% Stake

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2 Apr 2020 18:32

Redmile Ups Redx Pharma Stake, Buys Further 24 Million Shares

Redmile Ups Redx Pharma Stake, Buys Further 24 Million Shares

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30 Mar 2020 17:04

Redx Pharma Secures GBP5 Million Loan From Redmile Group

Redx Pharma Secures GBP5 Million Loan From Redmile Group

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13 Mar 2020 10:58

UK WINNERS & LOSERS SUMMARY: Premier Oil Up As It Retains Guidance

UK WINNERS & LOSERS SUMMARY: Premier Oil Up As It Retains Guidance

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13 Mar 2020 10:31

Redx shares surge on possible cash offer from Yesod

(Sharecast News) - Drug discovery and development company Redx Pharma has received a further private approach from Yesod Bio-Sciences, it announced on Friday, that could lead to a possible cash offer for the entire issued and to be issued share capital of the company, at a price of 15p per share.

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13 Mar 2020 09:26

Shares Soar As Redx Pharma Receives Two Acquisition Offers, Agrees One

Shares Soar As Redx Pharma Receives Two Acquisition Offers, Agrees One

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