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Pin to quick picksSareum Share News (SAR)

Share Price Information for Sareum (SAR)

London Stock Exchange
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Share Price: 26.25
Bid: 26.00
Ask: 26.50
Change: -4.25 (-13.93%)
Spread: 0.50 (1.923%)
Open: 30.50
High: 30.50
Low: 25.75
Prev. Close: 30.50
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Small caps round-up: Amphion, Bioquell, Ablon...

Tue, 16th Mar 2010 10:50

Shares in Amphion Innovations jumped after the medical and technology sector said it was cautious but confident in the strength of its model following a year which saw revenue increase to $8.6m from $7.1m in 2008, but losses increase to $2.9m from $1.8m.Shares in Bioquell moved in the other direction even after the bio-decontamination technologies and compliance services specialist posted a rise in revenues and profits, helped by the continuing drive to keep infections out of hospitals.Pre-tax profits in 2009 climbed to £5.9m from £5m the previous year as revenues rose to £39.9m from £34.4m. 'In 2010 we anticipate increased international demand for Bioquell's world class technology to combat 'superbugs' in hospitals,' said chairman Nigel Keen.Wealth management group Brooks Macdonald paid a maiden dividend of 3p after seeing pre-tax profits rise to £2.47m in the six months to January 31 from £1.26m over the same period the previous year. Revenues climbed to £16.39m from £9.65m.Shares in Clean Air Power fell back after full year results from the developer of combustion technology for diesel engines demonstrated that green technology companies have not been immune to the economic downturn. Revenues fell to £5.79m from £6.47m the previous year. Pre-tax losses widened to £2.4m from £2.3m.Central and East European-focused property group Ablon lost £30.9m in 2009 as the value of its portfolio fell sharply. Its adjusted net asset value per share was €2.43 at end 2009 as shareholders funds fell from €239m to €210m."We firmly believe that Ablon Group remains well positioned to benefit from an economic recovery in CEE, thanks to its high quality and well located real estate portfolio as evidenced by the scheduled opening in April 2010 of its 235 room Marriott Courtyard Hotel in the heart of Budapest," it said.Mobile text specialist Synchronica has been informed by a customer that as a result of that customer being involved in acquisition discussions it cannot sign off on a Mobile-Gateway order before March. Because of this, revenue in 2009 will fall from an expected £5.1m to approximately £3.8m with a projected adjustment of £1m to the results for the year. The company added it has now received the first purchase order from the distributor for its new MessagePhone in Latin America worth $203,000.Vitamins and supplements provider Neutrahealth received a pick-me-up in the form of positive reaction to its 2009 results.Although the company said profits were in line with expectations the AIM-listed tiddler's like for like revenue increase of 4.2% over 2008 levels caught the eye. Revenue grew to £4.6m in 2009 from £28.9m in 2008 while profit from operations and one off items climbed to £1.45m from £1.21m. Profit before tax more or less halved to £1.14m from £2.21m in 2008 when profits were fattened by a £3.38m profit on disposal of a subsidiary. Systems biology company Physiomics is to provide silico simulations to support cancer drug developer Sareum's joint research programme with the Institute of Cancer Research (ICR) and Cancer Research Technology Limited (CRT).Physiomics will use its modelling expertise in biological processes to simulate the effects of cancer drugs in living systems. The work will take around three months to complete and will be funded from the proceeds of a commercial deal for the molecule.
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19 Apr 2024 12:16

IN BRIEF: Sareum falls as issues shares to RiverFort Global

Sareum Holdings PLC - Cambridge, England-based pharmaceutical company - Issues 3.0 million new shares in the company to RiverFort Global Opportunities PCC Ltd. Issue is in line with facility announced in August. Says facility has an outstanding balance of GBP220,000.

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4 Apr 2024 17:24

TRADING UPDATES: Northcoders launches bootcamp; Schroder invests

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

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2 Apr 2024 17:35

TRADING UPDATES: Sareum ups retail offer; SThree nabs former ITV exec

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

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28 Mar 2024 13:44

EARNINGS AND TRADING: Northamber loss widens; Ethernity contract boost

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

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15 Mar 2024 13:11

Sareum allowed European patent for primary kinase inhibitor asset

(Sharecast News) - Biotechnology company Sareum announced on Friday that the European Patent Office had issued a notice of allowance for a patent concerning SDC‐1801, its primary TYK2/JAK1 kinase inhibitor currently undergoing clinical trials in Australia.

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15 Mar 2024 12:46

Sareum Holdings touts new patent allowance for autoimmune therapy

(Alliance News) - Sareum Holdings PLC on Friday celebrated a new patent allowance for SDC-1801, which is a therapy designed to treat a range of autoimmune diseases.

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12 Mar 2024 15:23

Sareum shares slump on widened loss and funding talks

(Alliance News) - Sareum Holdings PLC share fell on Tuesday, after it said it expects to report a widened interim loss.

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15 Feb 2024 13:22

Sareum reports positive progress in psoriasis programme

(Sharecast News) - Sareum announced significant milestones in its phase 1a clinical trial for SDC-1801, its lead programme aimed at addressing autoimmune diseases such as psoriasis, on Thursday.

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15 Feb 2024 11:20

Sareum hails safety profile for SDC-1801 after phase 1 trial

(Alliance News) - Sareum Holdings PLC on Thursday said SDC-1801 has the potential to achieve therapeutically effective dose levels with no serious adverse events, following a phase 1 trial.

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15 Feb 2024 10:52

AIM WINNERS & LOSERS: DSW warns on earnings amid tepid M&A markets

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

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2 Jan 2024 13:54

Sareum shares jump on cancer drug licensing deal

(Sharecast News) - Shares in AIM-listed biotech group Sareum jumped by a fifth on Tuesday after its co-development partner for cancer treatment SRA737 signed a commercialisation licence agreement with a US biopharma company.

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2 Jan 2024 12:01

LONDON MARKET MIDDAY: London stocks make largely soft start to 2024

(Alliance News) - Stock prices in London were mostly lower at midday on Tuesday in a slow start to the new year, reacting to the UK manufacturing sector finishing a tricky 2023 with a further contraction in December.

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2 Jan 2024 10:05

AIM WINNERS & LOSERS: LungLife AI soars on test; Plexus falls on deal

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

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2 Jan 2024 09:31

Sareum soars as partner agrees SRA737 licence with US biopharma firm

(Alliance News) - Sareum Holdings PLC shares surged on Tuesday, after it said its co-development partner CRT Pioneer Fund entered into a development and commercialisation licence for SRA737 with an unnamed US biopharmaceutical company.

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14 Dec 2023 20:20

EARNINGS AND TRADING: CleanTech raises GBP520,000 in open offer

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

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