Laboratory pipette with drop of liquid over glass test tubes in a science research lab

19 June 2024 - final results

The AIM-listed pharmaceutical company has finally produced its results for the year to 31 December after a number of delays caused by the auditors.  These have shown a considerable write-off of non-tangible assets of £79.3m as the company takes a more cautious view of such valuations.  It is imprtant to point out that these are non-cash adjustments and therefore have no impact on the company's cash position.  The year saw a stronger second half as previously highlighted resulting in record revenues for the year of over £180m (2022: £167m . . .

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