PureTech Health lifted after associate receives funding for its digital therapeutics product
A look at the major movers on the London market on Wednesday
It has been a busy day in the healthcare world.
Vectura Group PLC (LON:VEC) has jumped 32.79% to 162p after the company, which is developing an inhaled treatment for COVID-19, backed a £958mln or 155p a share takeover offer from private equity group Carlyle.
Meanwhile Spire Heatlhcare Group (LON:SPI) is being bought by Australia s Ramsay Health Care Ltd (ASX:RHC) for £999mln or 240p a share. The private hospital group has added 26.17% to 243.5p.
Mediclinic PLC (LON:MDC), which holds a 29.9% interest in Spire, said it would vote in favour of the offer. With Mediclinic also reporting full year results which showed revenues down 3% and earnings down 21% but forecasting growth this year, its shares are up 6.29% at 327.8p.
PureTech Health PLC lifted after associate receives funding for its digital therapeutics product proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.
Wishbone Gold Plc (AIM: WSBN, AQSE: WSBN), today announces that its Program of Works ( POW ) for Red Setter has been approved by the Western Australian Government s Department of Mines, Industry Regulation and Safety ( DMIRS ). This includes the drilling program outlined in an earlier RNS for up to 100 drill holes to depths of 300 metres that are designed to test for potential gold and copper mineralisation on multiple magnetic targets identified on the Red Setter Project over a 3km
2 area.
Ground analysis will commence forthwith in order to refine the locations of first drill targets. We anticipate being able to announce the commencement of drilling shortly.