e-Therapeutics unveils results of its strategic review under new chief executive
e-Therapeutics plans to control its costs by reducing the number of self-funded discovery programmes from six to two
Company
LON:ETX
e-Therapeutics PLC is integrating computational power and biology to accelerate the discovery of life-transforming RNAi medicines. The company has developed and validated a powerful computational approach to drug discovery, leveraging our industry-leading expertise in network biology to fully capture and interrogate human disease complexity. e-Therapeutics' multi-disciplinary team builds computational models of biological functions to transform the search for new medicines, interventions, mechanisms and genetic support.
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e-Therapeutics plans to control its costs by reducing the number of self-funded discovery programmes from six to two
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A glance at some of the stories on the Proactive newswire today
“We are now focusing on our core strengths around our unique drug discovery platform and the discovery of novel preclinical drugs," said chairman Iain Ross.
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Dr Raymond Barlow arrives from Amgen, where he held a senior role
The index of blue-chip shares succumbed to selling pressure
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A glance at some of the stories on the Proactive newswire today.
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FTSE 100 shares closed lower, dragged down by weaker US stocks and a flurry of ex-dividend stocks in London
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A glance at some of the stories on the Proactive newswire today
Dr Raymond Barlow brings with him a “broad experience of drug discovery, development and commercialisation, acquired through regional and global roles in the biotech and pharmaceutical sector”, ETX said.
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A glance at some of the stories on the Proactive newswire today
The group said he subscribed for 36,917 new shares at 7.45p each worth around £2,750.
Major share price risers and fallers in London at 3.45pm
The company underwent something of a transition in the first six months of the year, reorganising its board and shifting its focus
Pharma veteran Steve Self is moving on following the company's decision to focus on its discovery platform
Iain Ross, the current chairman, will take on an executive role while the company looks for a new chief executive.
Deltex Medical Group has hailed the “superb results”, Tissue Regenix beefs up its board and MySQUAR updates on the success of its first game.
Graphene NanoChem receives an order for its oilfield recovery additive, e-Therapeutics tells investors that it remains well funded and Forbidden Technology partners with an energy drink.
The firm is well funded, with a last reported cash balance of £24.8mln.
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Searchbolt, the business being bought, was spun-off from ETX when the latter was listed on stock market in 2007
e-Therapeutics is now targeting partners to accelerate the development of its drug discovery engine and commercialise compounds.
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e-Therapeutics plc is targeting partners to accelerate the development of its drug discovery engine, it told investors.
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Professor Malcolm Young is stepping down as chairman but will remain in his role as chief executive.
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E-Therapeutics ended its latest half year with cash of more than £30mln.
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The management from eg Solutions, e-Therapeutics, Motif Bio & Amphion Innovations will be updating investors on current developments and future prospects .
The management from e-Therapeutics (LON:ETX), Ergomed (LON:ERGO), Tissue Regenix (LON:TRX) and TekCapital (LON:TEK) will be updating investors on current developments and future prospects.
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"With the progress we are making both in the clinical programmes and in discovery, we expect another exciting year,"