Braveheart Investment Group (BRH)

Sector:

Financials

Index:

FTSE AIM All-Share

 6.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 15.13
  • 52 Week Low: 6.22
  • Currency: UK Pounds
  • Shares Issued: 63.72m
  • Volume: 17,732
  • Market Cap: £4.14m

Braveheart upbeat on investee's brain research breakthrough

By Josh White

Date: Friday 08 Sep 2023

LONDON (ShareCast) - (Sharecast News) - Braveheart Investment Group updated the market on the progress of its investee company Kirkstall on Friday, including a recent breakthrough in the study of the human blood-brain barrier and its interaction with brain cancer.
The AIM-traded firm said that in a landmark collaboration, Kirkstall teamed up with the Biomedical Ultrasonics, Biotherapy and Biopharmaceutical Laboratory at the Institute of Biomedical Engineering of the University of Oxford.

Together, they had successfully pioneered an 'organ-on-a-chip' model, which was described as an innovative milli-fluidic system representation of the human blood-brain barrier.

The model had proven instrumental in mapping the intricate interaction between the blood-brain barrier and a type of brain cancer known as medulloblastoma.

Notably, the achievement was the first instance where a dynamic milli-fluidic model had been employed to showcase the interactions between the blood-brain barrier and medulloblastoma brain cancer spheroids.

Central to the model was Kirkstall's 'Quasi Vivo' platform - a one-of-a-kind milli-fluidic system.

Braveheart said the newly-developed model offered researchers an unprecedented opportunity to observe the in vitro effectiveness of drugs tailored for the treatment of brain cancers and central nervous system disorders, including debilitating diseases such as Alzheimer's.

The company said it retained a substantial 86.11% equity interest in Kirkstall, and by the end of March, it had extended unsecured interest-free loans totalling £10,752.

"It is exciting to observe how collaboration between Kirkstall and Oxford University has resulted in an innovative and important application for the Quasi Vivo platform," said Braveheart chief executive officer Trevor Brown.

At 1333 BST, shares in Braveheart Investment Group were down 2.04% at 12p.

Reporting by Josh White for Sharecast.com.

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BRH Market Data

Currency UK Pounds
Share Price 6.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 15.13
52 Week Low 6.22
Volume 17,732
Shares Issued 63.72m
Market Cap £4.14m

BRH Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
55.45% below the market average55.45% below the market average55.45% below the market average55.45% below the market average55.45% below the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average
Income Not Available
Growth
98.3% below the market average98.3% below the market average98.3% below the market average98.3% below the market average98.3% below the market average
98.15% below the sector average98.15% below the sector average98.15% below the sector average98.15% below the sector average98.15% below the sector average

BRH Dividends

  Latest Previous
  Special Final
Ex-Div 10-Dec-20 19-Sep-19
Paid 06-Jan-21 11-Oct-19
Amount 42.75p 0.50p

Trades for 26-Apr-2024

Time Volume / Share Price
15:01 7,858 @ 6.24p
13:39 351 @ 6.82p
08:57 3,000 @ 6.83p
08:55 23 @ 6.83p
08:01 6,500 @ 6.22p

BRH Key Personnel

CEO Trevor Brown

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