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Vernalis Non-Exec Director Gilham Leaves Ahead Of Takeover

Thu, 16th Aug 2018 13:57

LONDON (Alliance News) - Pharmaceutical firm Vernalis PLC on Thursday said Ian Gilham is leaving his role as a non-executive director.

Chairman Peter Fellner said: "We would like to thank Ian for his contributions to the board over the last three years and the board wishes him well in his future endeavours."

A week ago, Vernalis agreed a takeover with Ligand Holdings UK Ltd, which will see the latter buy Vernalis for GBP32.7 million.

Shares were untraded on Thursday, last quoted at 6.10 pence.

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19 Dec 2014 08:14

Vernalis shares stumble as Novartis abandons work on drug

LONDON, Dec 19 (Reuters) - Shares in Vernalis fell sharply on Friday as Swiss drugmaker Novartis stopped development work on a drug licensed from the British biotech company 10 years ago. Vernalis said Novartis had handed back rights to AUY922 after studying it as a treatment for a range of

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14 Nov 2014 19:34

Friday broker round-up:

TSB Banking: Shore Capital reiterates buy with a target price for 325p. Vernalis: Canaccord Genuity ups target to 66p from 56p and reiterates buy. Aggreko: Panmure Gordon and Investec reiterate hold. Gemfields: Numis initiates coverage with a buy recommendation and 70p target price. Ithaca Energy

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