Syncona Share News (SYNC)

Syncona Information

Buy SYNC Shares
Add SYNC to Watchlist
Add SYNC to Alert

Share Price Information for Syncona (SYNC)

Share Price is delayed by 15 minutes

Get Live Data

Share Price: 110.40

Bid: 110.40

Ask: 111.20

Change: 0.40 (0.36%)

Spread: 0.80 (0.725%)

Open: 110.00

High: 111.20

Low: 110.00

Prev. Close: 110.00

Last checked at -

Syncona is an Investment Trust

To deliver superior long-term capital appreciation from investments in life science businesses, leading long-only and alternative investment funds and managed accounts across multiple asset classes.

Find out More

Syncona invests £31m in Gyroscope

Fri, 26th Mar 2021 07:59

(Sharecast News) - Syncona has invested $42.3m (£31m) in Gyroscope Therapeutics as part of a $148m financing by the retinal gene therapy company.
The healthcare investment company said the transaction took its stake in Gyroscope to 54% and the value of its investment was written up by £37.9m, or 5.6p a share, to £150.6m.

Syncona founded Gyroscope in 2016 in partnership with academics to develop genetically defined treatments for dry AMD, a leading cause of blindness. The FTSE 250 company said the financing would allow Gyroscope to advance clinical development of GT005, its lead investigational gene therapy, and to fund early stage treatments.

Chris Hollowood, Syncona Investment Management's chief executive and chairman of Gyroscope, said: "Our continued investment is a reflection of the great progress this world-class team has made towards delivering on that promise. We look forward to partnering with Gyroscope's new investors who share our excitement about the potential of the people and science to make a meaningful impact in patients' lives."

Syncona shares rose 0.6% to 260p at 08:05 GMT.

More News

18 Jan 2012 16:40

Synchronica signs deal with Chinese firm

Mobile phone messaging technology group Synchronica has signed a $1.5m agreement with a China-based handset manufacturer to bundle Synchronica's Mobile Gateway onto its portfolio of low and ultra-low-cost MediaTek powered handsets. Synchronica anticipates delivery to the customer by the end of Apri

13 Jan 2012 11:38

Synchronica revenues will be ahead of expectations

Synchronica, the company which makes email and instant messaging solutions for mobile phones, has said it expects to report revenues of around $23m for the year ended December 31st. This figure is marginally ahead of market expectations, and represents an increase of some 111% when compared to the

9 Dec 2011 10:14

Synchronica rockets on repeat order

Synchronica, the company which makes email and instant messaging solutions for mobile phones, has seen its share price rocket by 14% this morning following the announcement of a repeat order. The order from what is described as an "existing Tier-1 mobile device manufacturer" is worth $580,000 of wh

23 Sep 2011 13:11

Synchronica chief exec departs after payment delays

Mobile phone messaging technology group Synchronica's chief executive and chief operating officer have abruptly left the company after it experienced delays in customer payments. Synchronica said it is owed payment by a number of device manufacturers. "Payment terms for these orders were linked

25 Jul 2011 14:38

Synchronica expands footprint in the Middle East

Shares of Synchronica surged 8% after the mobile messaging solutions provider said it has received an expansion order from an existing Middle East-based mobile operator customer, the third order from the region in seven months. Synchronica said the order for additional Mobile Gateway user licences

8 Jul 2011 09:53

Synchronica's shares resume trading

Mobile phone messaging provider Synchronica's shares resumed trading on Friday, after the company published the necessary admission document related to its proposed acquisition of Nokia's operator branded messaging business. Synchronica's shares advanced 3.6% in early morning trade in London. The

30 Jun 2011 11:33

Synchronica buys Nokia messaging business

Synchronica has conditionally agreed to buy Nokia's operator branded messaging (OBM) business for about $25m, giving the mobile phone messaging provider access to the lucrative North American market. Synchronica said that with this deal it will acquire the source code for Nokia's messaging infrast

9 Jun 2011 15:57

Synchronica message reaches Latin America

Synchronica, the AIM listed mobile phone messaging provider has landed a juicy new contract with a mystery Latin American mobile operator. Outlining the kind of services on offer, Synchronica's chief executive Carsten Brinkschulte said: "We are confident that the addition of push email and synchron

15 Mar 2011 17:01

Strong end to 2010 for Synchronica

AIM-quoted Synchronica had a strong fourth quarter to 2010 in revenue terms thanks to a combination of acquisitive and organic growth. Push email and instant messaging services provider Synchronica adhieved this even though Canada-based iseemedia, which was acquired in October, made a relatively mo

7 Feb 2011 16:40

London close: Good gains for FTSE 100

Shares held onto their gains after a decent start on Wall Street to close well in advance of 6,000 points. Gold miner Randgold Resources is wanted after it shrugged off operational and political setbacks in 2010 to post a sharp increase in profit, helped by the increase in the price of gold. Profi

7 Feb 2011 14:19

London afternoon: Gains pared

Leading shares saw gains trimmed over the lunch time session but the Footsie remains comfortably in positive territory, due in no small part to the strength of mining stocks, Gold miner Randgold Resources is wanted after it shrugged off operational and political setbacks in 2010 to post a sharp in

7 Feb 2011 12:04

London midday: Miners push FTSE 100 past 6,000

Strength in the miner sector has helped lift the FTSE 100 well above 6,000 points. Gold miner Randgold Resources as among the best performers after it shrugged off operational and political setbacks in 2010 to post a sharp increase in profit, helped by the increase in the price of gold. Profit befo

7 Feb 2011 08:53

London open: Footsie through 6,000 again

After an uncertain start, Footsie has now pushed on through the 6,000 barrier as miners rally from some early profit taking. Gold miner Randgold Resources shrugged off operational and political setbacks in 2010 to post a sharp increase in profit, helped by the increase in the price of gold. Profi

7 Feb 2011 07:30

Synchronica revenue surges 86%

Mobile messaging services provider Synchronica said full year revenue surged 86% from the year before after an, 'extremely strong end to the year'. The group, which last week announced the purchase of US firm Neustar for $0.25m, said it produced around $11m in revenue during 2010, up 86% from the 2

2 Feb 2011 12:59

Synchronica buys instant messaging business

Mobile messaging solutions provider Synchronica is paying $0.25m for the instant messaging business of US firm Neustar. Synchronica will acquire the Neustar NGM customer base, its patented technology, 11 contracts with Tier-1 and Tier-2 mobile network operators (MNOs) and two contracts with Tier-1

Latest Share Chat

Syncona Share News (SYNC)

Share Price Information for Syncona (SYNC)

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Syncona invests £31m in Gyroscope

Login to your account

Quickpicks are a member only feature

Login to your account