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Settlement disappoints | FDA approvals encourage

06/06/2023 · Advanced Medical Solutions (AMS)  · Anexo Group PLC (ANX)  · Diaceutics PLC (DXRX)  · Tristel (TSTL)  · Watkin Jones PLC (WJG) 

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Updates covered here include news of a cash settlement for an unloved legal services business, a significant forward sale for an equally unloved developer and approvals for two more highly rated companies supporting the health sector. Read on here for this and other news.

Diaceutics: significant contract award

Diaceutics (AIM: DXRX), a technology and solutions provider to the pharmaceutical industry, announced a three-year enterprise contract with a US-based top 10 global pharmaceutical company.

The contract will initially deliver US$10.1m of revenue over a three-year period, however, there are additional options which, if exercised, would significantly increase the scope and value over this period. Revenue is expected to be recognised on a monthly basis, spread broadly evenly…

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