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Restructure sees Feedback Plc positioned for growth

Alastair Riddell, chairman of Feedback plc (LON:FDBK), tells Proactive's Andrew Scott they've merged two of their subsidiaries as part of plans to restructure and simplify the business.

Feedback snapped up Cambridge Computed Imaging and TexRAD back in 2014 and both have been operating as wholly-owned subsidiaries ever since.

But after a strategic review, CCI is to be renamed as Feedback Medical and will house the employees of both CCI and TexRAD which will become dormant.

Quick facts: Feedback PLC

Price: 1.025 GBX

LSE:FDBK
Market: LSE
Market Cap: £5.53 m
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Feedback advancing clinical use of TexRAD after bagging CE mark

Alastair Riddell, chairman of Feedback plc (LON:FDBK) tells Proactive they're now able to crack on with expanding the clinical use of  TexRAD in the treatment of lung cancer across the EU after finally receiving a CE mark for the technology earlier this week. The award of the CE mark...

on 24/11/17

2 min read