RUA Life Sciences (RUA)

Sector:

Health Care

Index:

FTSE AIM All-Share

11.50p
   
  • Change Today:
    -0.25p
  • 52 Week High: 32.50p
  • 52 Week Low: 8.75p
  • Currency: UK Pounds
  • Shares Issued: 62.06m
  • Volume: 502,057
  • Market Cap: £7.14m
  • RiskGrade: 290
  • Beta: 0.66

AorTech shares up on latest US patent approval

By Josh White

Date: Wednesday 27 May 2020

LONDON (ShareCast) - (Sharecast News) - Medical device company AorTech International announced on Wednesday that the United States Patent and Trademark Office has said that its application 15/995,050 would issue as US patent 10,676,560, entitled 'biostable polyurethanes', on 9 June.
The AIM-traded firm said the invention related to a biostable polyurethane, or 'polyurea' comprising a soft segment of a polysiloxane of the general formula disclosed in the patent, and a hard segment of between 0% and 40%, which is a reaction product of a diisocyanate and a linear difunctional chain extender.

It also included the processes for their preparation, and their use in the manufacture of biomaterials, implantable medical devices and polymeric heart valves.

"We are delighted that at the same time as major steps are being made in the development of our 'ElastEon' enabled medical devices, our intellectual property portfolio relating to the ElastEon family of world class biostable polymers has been expanded further by the grant of this latest US patent," said chairman Bill Brown.

"We currently anticipate reaching the significant milestone of commencing animal testing on the ElastEon sealed graft in the coming weeks."

At 1454 BST, shares in AorTech International were up 6.43% at 111.75p.

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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.

 

RUA Market Data

Currency UK Pounds
Share Price 11.50p
Change Today -0.25p
% Change -2.13 %
52 Week High 32.50p
52 Week Low 8.75p
Volume 502,057
Shares Issued 62.06m
Market Cap £7.14m
Beta 0.66
RiskGrade 290

RUA Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
18.84% below the market average18.84% below the market average18.84% below the market average18.84% below the market average18.84% below the market average
60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average
Price Trend
61.33% below the market average61.33% below the market average61.33% below the market average61.33% below the market average61.33% below the market average
35.14% below the sector average35.14% below the sector average35.14% below the sector average35.14% below the sector average35.14% below the sector average
Income Not Available
Growth
3.65% below the market average3.65% below the market average3.65% below the market average3.65% below the market average3.65% below the market average
16.67% below the sector average16.67% below the sector average16.67% below the sector average16.67% below the sector average16.67% below the sector average

RUA Dividends

No dividends found

Trades for 21-Nov-2024

Time Volume / Share Price
16:24 55,000 @ 11.30p
16:23 4,000 @ 11.30p
15:59 10,000 @ 11.12p
14:33 55,000 @ 11.40p
14:14 10,000 @ 11.40p

RUA Key Personnel

Chair William D Brown
CFO Lachlan Smith

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