By Frank Prenesti
Date: Monday 11 Sep 2023
LONDON (ShareCast) - (Sharecast News) - Syncona shares fell as the UK healthcare investment firm said Novartis had stopped the development of experimental eye treatment, GT005, resulting in milestone payments write-off of £54.5m for Gyroscope Holdings in which Syncona once held a 54% stake.
Gyroscope was sold to Novartis in February last year in $1.5bn deal, with Syncona receiving $442m (£326m) for its stake.
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Currency | UK Pounds |
Share Price | 120.20p |
Change Today | -1.80p |
% Change | -1.48 % |
52 Week High | 162.20 |
52 Week Low | 106.20 |
Volume | 229,344 |
Shares Issued | 652.48m |
Market Cap | £784.28m |
Beta | 0.03 |
RiskGrade | 291 |
Value |
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Price Trend |
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Income |
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Growth |
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Latest | Previous | |
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Final | Final | |
Ex-Div | 21-Jun-18 | 20-Jul-17 |
Paid | 30-Jul-18 | 23-Aug-17 |
Amount | 2.30p | 2.30p |
Time | Volume / Share Price |
14:49 | 2,756 @ 120.20p |
14:48 | 1 @ 121.00p |
14:45 | 6,261 @ 121.00p |
14:36 | 8 @ 121.40p |
13:28 | 8 @ 121.80p |
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