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IN BRIEF: Sareum Loss Narrows On Reduced Administration Expenses

13th Oct 2020 13:54

Sareum Holdings PLC - Cambridge-based specialist drug development company focused on cancer and autoimmune diseases - Pretax loss narrows in financial year ended June 30 to GBP1.1 million from GBP1.7 million a year prior. Administration expenses reduced to GBP1.1 million from GBP1.7 million. Reports revenue of GBP47,204, versus none year before. Does not declare a dividend, unchanged. Expects to report on continued progress with its internal, proprietary programmes and its licensed programmes during the coming year.

Current stock price: 1.42 pence

Year-to-date change: up over 100%, trading at 0.36 on Dec 31, 2019

By Greg Roxburgh; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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