Small caps round-up: Expansys, Scancell, Inspired Energy...
Expansys, Scancell, Inspired Energy, Angel Biotechnology
Expansys, the eCommerce company, has struck lucky in Istanbul. Its subsidiary PJ Media has won a contract to supply the official online store for Vodafone Turkey. By 11:06 eXpansys had gained 8.6%.
Scancell Holdings, the developer of therapeutic cancer vaccines, has announced it has recruited enough patients to start a Phase I clinical trial of SCIB1, its DNA vaccine being developed for the treatment of melanoma. By 11:12 the stock had risen 4.4%.
Inspired Energy has completed its acquisition of Direct Energy Purchasing. The initial consideration is for £2m (in cash and shares), plus two deferred payments of up to £1m each based primarily upon the financial performance of DEP. By 11:29 the stock had risen 6.2%.
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Angel Biotechnology, the biopharmaceutical contract manufacturer, has agreed a contract with US outfit TransGenRx for the development and scale up of a recombinant interferon product. The shares were up 1.27% by 11:12.
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