Terrible though the Covid-19 pandemic has been, it has presented commercial opportunities for a number of the UK’s smaller listed biotechs, such as Synairgen.
The respiratory drug discovery and development company was the latest to see a share price boost from an announcement related to the treatment of the dreaded coronavirus.
The shares surged 51 per cent after the company said lab tests of its inhaled interferon beta, which is being developed to treat people with severe effects of COVID, have shown potent antiviral activity against two new variants of the SARS-CoV-2.
Terrible though the Covid-19 pandemic has been, it has presented commercial opportunities for a number of the UK’s smaller listed biotechs, such as Synairgen
The company also provided an update on its Uskmouth waste-to-energy conversion project in Newport, Wales
Simec Atlantis Energy Ltd (LON:SAE) announced that its tidal power generation facility in Naru Island, Japan, has passed the Japanese government s pre-use inspection tests and is now recognised as an official power generation facility.
The turbine tests were undertaken by the Ministry of Economy, Trade and Industry (METI), a key stakeholder in consenting renewable energy projects in Japan, during one of the strongest tides expected this year.
The site features a AR500 tidal turbine that has been generating electricity since it was installed in January 2021 and has generated more than 90MWh of power at a high turbine availability.
The company also provided an update on its Uskmouth waste-to-energy conversion project in Newport, Wales
SIMEC Atlantis Energy Ltd (LON:SAE) announced that its tidal power generation facility in Naru Island, Japan, has passed the Japanese government s pre-use inspection tests and is now recognised as an official power generation facility.
The turbine tests were undertaken by the Ministry of Economy, Trade and Industry (METI), a key stakeholder in consenting renewable energy projects in Japan, during one of the strongest tides expected this year.
The site features a AR500 tidal turbine that has been generating electricity since it was installed in January 2021 and has generated more than 90MWh of power at a high turbine availability.