Vernalis to raise £68.5m 10/02/2012
Drug discoverer Vernalis (VER) is to raise £68.5 million as part of a joint venture with US concern Tris Pharma.
Established to develop, own and manage power generation plants inEIndia
Gita Investments*: 53.3%
Audley Capital Management: 8.7%
Gita Power*: 5.9%
| 2011 | 2010 | |
|---|---|---|
| Turnover: | £33.14m | £11.51m |
| Pre-tax profit: | £ 11.16m | £ 5.45m |
| EPS: | 2.13 p | 0.32 p |
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Drug discoverer Vernalis (VER) is to raise £68.5 million as part of a joint venture with US concern Tris Pharma.
Magnolia Petroleum (MAGP) has acquired 800 acres in the Mississippi Lime formation in Oklahoma.
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