Nanoco Group posts £1.65m loss

Quantum dots developer Nanoco Group has reported a first-half loss before tax of £1.65m, against a previous loss of £0.47m. Revenue in the six months to 31 January was £1.14m, down from £1.60m. Nanoco said that at this stage in its development, revenues were primarily a reflection of the amount and timing of milestone and joint development payments from strategic partners.