Spherium Biomed has disclosed the top line results of its Phase II clinical trial of Mucomel®, an oral gel for the prevention and treatment of oral mucositis in head and neck cancer patients undergoing chemo/bio-radiotherapy.

The winners of the Association of Investment Companies (AIC) Shareholder Communication Awards were announced last night at the AIC’s Annual London Dinner at The Savoy. The awards recognise exceptional shareholder communication by AIC member investment companies and their managers. 

Green Angel Syndicate has announced the completion of its latest investment: Spinetic Energy Limited, the company behind a new concept for generating small scale wind power. Spinetic has developed the Wind Panel, a low-cost device which is easy to deploy, and will do for local wind energy generation what photovoltaic panels have done for solar energy

A new programme from the SETsquared Partnership to enable some of the UK’s best tech scale-up companies to become the sector giants of tomorrow, is expected to generate over £25bn by 2030. It will also create an additional 30,000 high-skilled jobs in the tech sector, and help improve Britain’s poor investment record in research and development.

London-based startup Maze has raised £350.000 in a round led by leading early-stage European funds Partech and Seedcamp.

Maze is the first startup to perform quantitative user-testing at the design phase to provide designers with long awaited actionable KPIs. With this concept, Maze wants to fundamentally change the way digital products are built by allowing designers & product teams to iterate quickly and effectively until their design is proven.

Mercia Fund Managers is expanding its equity team with the appointment of a new investment director, following the announcement of the closing of the £45.1million EV Growth II fund in December 2017.

Idinvest Partners, a leading investor in SMEs across Europe, has today announced the final closing of its fourth direct lending Fund (Idinvest Private Debt IV), at €715m, surpassing its initial target of €600m. More than 60% of the investors are from outside France.  Since its launch in 2016, the Idinvest Private Debt IV fund has invested 60% of its total commitments across 17 companies, of which more than 40% based outside France.

With the additions of Stellar Lumens (XLM) and Monero (XMR), users of deVere Crypto, deVere Group’s crypto platform app, can now buy, sell, store and exchange seven major cryptocurrencies. Existing digital coins on the app were Bitcoin (BTC), Ethereum (ETH) Litecoin (LTC), Ripple (XRP) and Dash (DASH).

Ian Macleod has joined the board of Archangels, the prominent business angel investment syndicate, succeeding Geoff Ball, who has retired after seven years.

East Midlands based The Growth Ladder Group have launched a new and innovative on-line platform to support UK based SME’s to enable sustainable, long-term growth and business development.

It may be time for the Government to reconsider the requirement for shareholders to have a minimum stake in a company before they 

Perkbox, UK’s fastest growing employee benefits platform, is today partnering with PensionBee, an online pension manager, to offer Perkbox users the chance to find and combine all their old lost pensions into one brand new online plan managed by the world’s biggest money managers.