Eyes peeled: Five technologies to watch next year frontier tech The year of the Great Tech Sell-Off is coming to a close. But in this Digital Age, technology is only going to get more exciting, useful, and ethically questionable – so here’s five technologies to watch out for next year. SOLAR Solar power is becoming cheaper, more efficient and increasingly attractive for Brits looking to [...]
Pharma firm makes RSV vaccine candidate breakthrough with artificial intelligence artificial intelligence Biopharmaceutical firm Poolbeg Pharma has found a number of RSV vaccine candidates via artificial intelligence (AI), in a landmark move in finding a treatment for the virus. The London-listed company has prioritised candidates with existing early-stage clinical data, which could be repositioned into novel treatments for RSV infection. Candidates with solid safety data in humans [...]
Richard Branson’s Virgin Orbit secures licences ahead of first British satellite launch SPACE RACE 2.0 Richard Branson’s rocket company Virgin Orbit has finally been issued its licences ahead of the first satellite launch from British soil. The long-awaited launch is still expected to happen before the end of the year, although a new official date is yet to be announced. The Civil Aviation Authority (CAA) granted the licences within 15 [...]
Elon Musk vows to step down as Twitter CEO if someone ‘foolish enough’ accepts role December 21, 2022 Elon Musk has vowed to officially step down as the CEO of Twitter, once he finds someone “foolish enough” to accept the top role. The eccentric billionaire, who bought Twitter for $44bn (£36bn) in a protracted deal which was finalised in October, has helmed the social media giant after his controversial firing spree. But a [...]
Drug developer files patents for cancer treatment which ‘outperforms’ AstraZeneca offering December 20, 2022 Drug development company Nuformix has reformulated and improved one of AstraZeneca’s top cancer drugs, piquing investor interest today. Shares in the London-listed firm jumped nearly a quarter to 35p per share by early afternoon on Tuesday. Nuformix, which focuses on fibrosis and cancer drug repurposing, announced that the drug, known as Olaparib, had “outperformed” AstraZeneca’s [...]
Aerospace firm Velocity’s shares take off as it enters US market with $100m deal December 20, 2022 UK aerospace manufacturer Velocity has grabbed the attention of investors, after announcing its entry into the US market via a $100m (£82.2m) deal. Shares in the London-listed firm rocketed more than 70 per cent to 46p per share by early afternoon on Tuesday. The five-year deal with GKN Aerospace is expected to bring in $100m [...]
China: Quiet trading floors and hampered supply chains as Covid-19 spreads December 19, 2022 Covid-19 is sweeping though China’s capital city according to reports, after strict measures were suddenly removed earlier this month. The virus has quietened trading floors in Beijing and is also spreading fast in the financial hub of Shanghai, according to a Reuters report. Stock trading volume has fallen in the last week, with most currency [...]
European regulator injects hope into AstraZeneca’s bid to tackle cancer December 19, 2022 The European Medicines Agency has handed AstraZeneca a number of recommendations and one approval for a trio of cancer drugs the Big Pharma firm is looking to market in the continent. AstraZeneca’s cancer drug Enhertu has been given the green light by the European regulator for use among patients with gastric cancer. Around 136,000 cases [...]
Spire spends millions on widening reach as the number of sick staff in UK rises December 19, 2022 The UK’s second largest private healthcare group has spent millions on widening its reach, as the number of long-term sick people in the country rises. Spire has bought independent hospital group The Doctors Clinic Group for £12m, bringing 22 private GP practices under its wing, it announced today. The London-listed healthcare group said the deal [...]
Defence giant BAE Systems to nearly double apprentice hiring spree next year December 19, 2022 BAE Systems, one of the UK’s biggest defence companies, is set to nearly double its hiring spree next year. The FTSE defence firm is planning to hire more than 2,600 graduates and apprentices next year, across cybersecurity, software development, aerospace engineering, accountancy and human resources. Although BAE typically invests around £100m annually in education, skills [...]
