Syncona Limited NPV (SYNC)

Sector:

Investment Firms

Index:

FTSE 250

103.00p
   
  • Change Today:
      0.60p
  • 52 Week High: 130.60
  • 52 Week Low: 99.50
  • Currency: UK Pounds
  • Shares Issued: 671.91m
  • Volume: 246,460
  • Market Cap: £692.07m
  • RiskGrade: 291
  • Beta: 0.62

Syncona's Purespring raises £80m in new financing

By Frank Prenesti

Date: Wednesday 09 Oct 2024

LONDON (ShareCast) - (Sharecast News) - Life science investor Syncona said its portfolio company Purespring Therapeutics, which focuses on gene therapies for kidney diseases, had raised £80m in an oversubscribed financing.
Syncona has committed £19.9m as part of a syndicate, led by Sofinnova, in collaboration with Gilde Healthcare, Forbion, and British Patient Capital, the company said on Wednesday.

The latest financing brings Purespring's total fundraising to date to around £115m. Proceeds will be used to advance its therapies pipeline and support the expected initiation of a phase I/II clinical trial in 2026 for its lead programme targeting IgA Nephropathy (IgAN), a chronic kidney disease principally affecting young adults.

Reporting by Frank Prenesti for Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

SYNC Market Data

Currency UK Pounds
Share Price 103.00p
Change Today 0.60p
% Change 0.59 %
52 Week High 130.60
52 Week Low 99.50
Volume 246,460
Shares Issued 671.91m
Market Cap £692.07m
Beta 0.62
RiskGrade 291

SYNC Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
Market averageMarket averageMarket averageMarket averageMarket average
26.55% above the sector average26.55% above the sector average26.55% above the sector average26.55% above the sector average26.55% above the sector average
Price Trend
Market averageMarket averageMarket averageMarket averageMarket average
75.32% below the sector average75.32% below the sector average75.32% below the sector average75.32% below the sector average75.32% below the sector average
Income Not Available
Growth
Market averageMarket averageMarket averageMarket averageMarket average
83.63% above the sector average83.63% above the sector average83.63% above the sector average83.63% above the sector average83.63% above the sector average

What The Brokers Say

Strong Buy 2
Buy 1
Neutral 1
Sell 0
Strong Sell 0
Total 4
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

SYNC Dividends

  Latest Previous
  Final Final
Ex-Div 21-Jun-18 20-Jul-17
Paid 30-Jul-18 23-Aug-17
Amount 2.30p 2.30p

Trades for 12-Dec-2024

Time Volume / Share Price
16:37 12,500 @ 103.00p
16:35 53,000 @ 103.00p
16:35 26 @ 103.00p
16:35 4 @ 103.00p
16:35 1,185 @ 103.00p

SYNC Key Personnel

Chair Melanie Gee

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