(Alliance News) - Roche Holding AG on Wednesday said that it has completed the tender offer for all outstanding shares of Poseida Therapeutics Inc, a clinical-stage biopharmaceutical company, through its wholly owned subsidiary Blue Giant Acquisition Corp. Read More
Malin Corp PLC - Dublin-based investor in life sciences companies - Reports intrinsic equity value of EUR6.44 at June 30 half-year end, down 1.8% from EUR6.56 at end of December. Declines further to EUR6.33 as at August 22. Attributes decline to lower Poseida share price and a downward revision of its interest in Viamet. Says further studies by Viament on Vivjoa have delayed commercial launches and associated royalties as Viament seeks to receive extended approval for Vivjoa. "We expect further clarity on the future regulatory, commercial and strategic pathway in the months ahead," Malin says. Further, cash position at August 22 increases to EUR62.9 million, from EUR35.7 million at end of June, owing to its divestment of CG Oncology, company says. Divestment generated cash proceeds of about EUR28.5 million, a 175% gain on total capital invested. Read More
Malin Corp PLC - Dublin-based investor in life sciences companies - Investee company Poseida Therapeutics Inc enters into a research collaboration and licensing agreement with Xyphos Biosciences Inc, a wholly owned subsidiary of Astellas Pharma Inc. Says agreement is to develop novel convertibleCAR programs by combining the innovative cell therapy platforms from each of the companies. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Malin Corp PLC - Dublin-based investor in life sciences companies - Confirms that Fiona Dunlevy joins the board as an executive director. Outgoing Chief Executive Officer Darragh Lyons will resign from the board on December 1. These changes were first announced in July, alongside Chair Liam Daniel undertaking additional responsibilities as executive chair from October 2. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - Malin Corp PLC said that its Chief Executive Officer Darragh Lyons will resign from his position before the end of 2023, and that Fiona Dunlevy will become executive director effective from October 2. Read More
(Alliance News) - Malin Corp PLC on Tuesday said it will return EUR140 million to shareholders, through a tender offer. Read More
Malin Corp PLC - investor in life sciences companies - Estimated intrinsic equity value per share at December 31 rises 7.4% to EUR9.34, from EUR8.70 a year earlier. Posts 2022 pretax profit of EUR12.3 million, swinging from loss of EUR3.8 million. "We have made significant progress in supporting our assets towards key milestones and value inflection points, which have catalysed value realisation opportunities," Chief Executive Darragh Lyons says. "As we look to the year ahead, we are confident that our investee companies can continue to progress their innovative technologies and clinical programmes with the aim of advancing important therapies for patients and creating significant value for their stakeholders." In addition, plans to return EUR140 million to shareholders at EUR9.30 per share by way of a tender offer. Read More
(Alliance News) - Malin Corp PLC on Thursday it launched a proposed tender offer and the return of capital of up to EUR140 million to qualifying shareholders. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - Malin Corp PLC on Wednesday reported a swing to an interim profit as investment income grew and administrative expenses were slashed. Read More