Benchmark Holdings (BMK)

Sector:

Pharma and Biotech

35.60p
   
  • Change Today:
    -3.40p
  • 52 Week High: 48.00p
  • 52 Week Low: 34.00p
  • Currency: UK Pounds
  • Shares Issued: 739.79m
  • Volume: 118,205
  • Market Cap: £263.37m
  • Beta: 0.48

Benchmark given variation to marketing authorisation in Norway

By Josh White

Date: Tuesday 03 May 2022

LONDON (ShareCast) - (Sharecast News) - Aquaculture biotechnology company Benchmark has been granted a variation to its marketing authorisation for 'Ectosan Vet' from the Norwegian Medicines Agency, it announced on Tuesday.
The AIM-traded firm said the variation would enable the re-use of the treatment water for a second batch of fish, subject to water quality being maintained "to the satisfaction of the prescribing veterinarian", increasing the efficiency of treatments.

It said that would allow a producer to treat a salmon farm more efficiently and drive sustainability in the industry.

The company said the variation to the marketing authorisation represented a "further important step" towards its goal of optimising the efficiency of its sea lice solution, and further trials were ongoing to support multiple re-use of treatment water.

"We are very pleased to have been granted a variation to the marketing authorisation from the Norwegian Medicines Agency," said chief executive officer Trond Williksen.

"This represents an important milestone for the Company and for the industry."

Trond Williksen said Ectosan Vet and 'CleanTreat' were "much-needed" solutions for the industry.

"It is the first medicinal solution brought to the Norwegian market in over 10 years, which addresses one of the biggest challenges in salmon production, while improving animal welfare, reducing mortality and protecting the environment."

At 0900 BST, shares in Benchmark Holdings were up 3.19% at 46.44p.

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BMK Market Data

Currency UK Pounds
Share Price 35.60p
Change Today -3.40p
% Change -8.72 %
52 Week High 48.00p
52 Week Low 34.00p
Volume 118,205
Shares Issued 739.79m
Market Cap £263.37m
Beta 0.48

BMK Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
19.67% below the market average19.67% below the market average19.67% below the market average19.67% below the market average19.67% below the market average
32.00% above the sector average32.00% above the sector average32.00% above the sector average32.00% above the sector average32.00% above the sector average
Price Trend
32.77% below the market average32.77% below the market average32.77% below the market average32.77% below the market average32.77% below the market average
30.61% above the sector average30.61% above the sector average30.61% above the sector average30.61% above the sector average30.61% above the sector average
Income Not Available
Growth
10.03% above the market average10.03% above the market average10.03% above the market average10.03% above the market average10.03% above the market average
17.65% above the sector average17.65% above the sector average17.65% above the sector average17.65% above the sector average17.65% above the sector average

What The Brokers Say

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

BMK Dividends

No dividends found

Trades for 21-Nov-2024

Time Volume / Share Price
13:45 3 @ 35.64p
12:40 44 @ 36.00p
11:41 5,682 @ 36.00p
11:41 6,318 @ 36.00p
11:38 7,236 @ 35.61p

BMK Key Personnel

Chair Peter George
CFO Septima Maguire
CEO Trond Williksen

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