Page 46 - Mostread Technology News Today

Biotechnology company Destiny Pharma reported a loss before tax of £7.7m in its 2022 results on Thursday, widening from £6.3m in the prior year.

Brain health technology specialist Cambridge Cognition has won two contracts worth more than £2.1m, it announced on Wednesday.

Digital publisher LBG Media said in its full-year results on Wednesday that, despite a challenging economic environment, it ended 2022 with a strong performance, significant growth in its global audience and content views, and continued expansion of brand partnerships.

Crimson Tide reported a solid financial and operational performance in its unaudited preliminary results for 2022 on Wednesday.

Analysts at J.P.Morgan cautioned clients on Tuesday that the recent run in the Technology space was becoming "stretched" in absolute terms.

Artificial intelligence (AI) medical diagnostics developer Spectral MD announced plans on Tuesday to combine with Rosecliff Acquisition Corp I - a special purpose acquisition company listed on Nasdaq.

Learning and skills development specialist Malvern International reported a 169% surge in revenues in its final results on Thursday, to £6.51m.

QinetiQ Group announced the renewal of its Maritime Strategic Capability Arrangement (MSCA) with the Submarine Delivery Agency on Wednesday, for a further 10 years.

Life sciences company Avacta Group announced that it had dosed the first patient in the fifth cohort of the first-in-human phase one trial of its innovative oncology drug ‘AVA6000’ on Wednesday.

Localisation and media service specialist Zoo Digital announced the acquisition of the remaining 49% stake in Zoo Korea on Wednesday, having acquired a majority 51% equity in March last year.