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Advanced Oncotherapy PLC uses proton beam therapy to target resistant cancers


About the company
Advanced Oncotherapy is a specialist developer and provider of a breakthrough proton therapy system, the LIGHT system, which is the result of 25 years of work at CERN and ADAM.
The company s  focus is on developing and supplying technologies to maximise the destructive effect of radiation on tumours whilst minimising damage to the patient s healthy tissues.
How it is doing
03 Jun 2021
Advanced Oncotherapy PLC (LON:AVO) said it signed a letter of intent with Saba Partners for the proposed purchase of a three-treatment room LIGHT system for a total contract value of up to US$107mln (£75.5mln).
The AIM-listed firm is a developer of next-generation proton therapy systems for cancer treatment, called LIGHT systems, while Saba is an investment advisory and asset management firm based in Geneva with decades of experience in healthcare services and healthcare real estate. ....

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Amryt Pharma PLC advancing on multiple fronts


About the company
Amryt is a global commercial-stage biopharmaceutical company focused on acquiring, developing and commercializing innovative treatments to help improve the lives of patients with rare and orphan diseases.
The company has a strong and growing portfolio of commercial and development assets.
How it is doing
02 Jun 2021
Amryt Pharma PLC s (NASDAQ:AMYT, LON:AMYT) new drug application for its potential treatment for epidermolysis bullosa (EB) has been approved by the US regulator.
The Food and Drug Administration (FDA) accepted Amrty’s application for Oleogel-S10 to be approved as a treatment for cutaneous manifestations of junctional and dystrophic EB, which affects adults and young children and for which there is no currently approved treatment. ....

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Scottish Mortgage Investment Trust PLC says investment opportunities are likely to remain plentiful


Scottish Mortgage says investment opportunities are likely to remain plentiful
If the last year has taught us anything, it is that the world is uncertain but that we can endure and businesses can flourish in the most challenging of circumstances”
Scottish Mortgage Investment Trust PLC (LON:SMIT) said the financial year just ended saw the trust produce the strongest ever annual return for shareholders.
Net asset value (NAV) per ordinary share at the end of March 2021 had risen 111% to 1,195.1p from 567.3p a year earlier; over the same period, the benchmark index against which the trust measures its performance – the FTSE All-World Index (in sterling terms) rose 39.6%. ....

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