Oncor floats French subsidiary:
This article was originally published in Clinica
Executive Summary
US company Oncor has floated its French subsidiary, Appligene Oncor, on the French stock exchange, le Nouveau Marche. Around 336,000 shares, or 21% of Appligene, were sold at a price of Fr 163 ($31.70) each. Gross proceeds of around $11 million will be used to continue expansion of Oncor's European operations, including selected acquisitions of technology and business units. Based in Gaithersburg, Maryland, Oncor manufactures gene-based test systems to detect cancer.
You may also be interested in...
US Q1 Consumer Health Earnings Preview: Label This One Historic And Challenging But Promising
US OTC drug and supplement firms’ reports of results for the first three months of 2024 began on April 19 with P&G. JP Morgan analysts say while “some retailers in the US in particular” are reducing consumer health inventories, for the overall sector they expect “a healthier balance of positive volume and lower pricing contribution.”
Keeping Track: Cancer Approvals From Lumisight Imaging To Adjuvant Alecensa
The US FDA’s approval of Lumicell’s optical imaging agent Lumisight makes a dozen novel approvals in 2024 for the Center for Drug Evaluation and Research.
Partisan Politics Returns To US FDA Congressional Oversight
The US FDA has stood out as an agency that tends to draw broad bipartisan support amid a generally rancorous and divided Congress. A House hearing, however, may be a sign that those days are over.