London-based biotech BioOrbit has raised £9.8 million in seed funding to develop space-based manufacturing of biologic medicines, aiming to revolutionise drug production and accessibility within the next decade. A London biotech co-founded by Dr Katie King and Dr Leonor Teles has raised £9.8 million in seed funding to pursue an ambitious goal: building a pharmaceuticals factory in space within the next decade. According to the BioIndustry Association, the round is the largest ever completed in in-space manufacturing, with LocalGlobe and Breega co-leading the investment and support coming from Seedcamp, Auxxo Female Catalyst Fund, Type One Ventures, 7percent Ventures and others.…
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Hong Kong equities experienced a week of subdued trading, with the Hang Seng Index slipping below 26,000, yet Hong Kong Exchanges and Clearing showcases strong fundamentals and ongoing structural reforms to support long-term growth. Hong Kong equities ended the week under pressure as the Hang Seng Index slipped back below…
With $418.39 million worth of tokens set for release across 140 projects, May could test liquidity and demand in the crypto markets, especially as major unlocks from Pyth Network and LayerZero raise short-term price concerns. May is shaping up to be a busy month for crypto markets, with scheduled token…
Tower Semiconductor reports a significant boost in its silicon germanium capabilities with Axiro’s volume production of defence-grade chips in the US, highlighting resilience amid ongoing patent disputes and market challenges. Tower Semiconductor’s recent rally has drawn fresh attention to a niche corner of the chip market: specialised silicon germanium technology…
Astellas Pharma reports a strong full-year recovery driven by a strategic shift towards cancer and eye-disease drugs, as an FDA milestone for PADCEV signals a promising expansion in the oncology franchise. Astellas Pharma has reported a sharp recovery in full-year results, helped by a stronger top line and a surge…
As AppLovin prepares to report its first-quarter results, investors focus on its expanding Axon platform and its shift from app monetisation to AI-driven advertising infrastructure, amid a tense valuation outlook. AppLovin enters the next few days with investors focused on two catalysts: its first-quarter results due on 6 May and…
Federated Hermes unveils a higher quarterly dividend, leadership changes, and a strategic push into private markets following record assets and recent acquisitions, signalling a renewed growth trajectory. Federated Hermes used its annual shareholder meeting on Saturday to underline both the scale of its business and a broader reshuffle at the…
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Amid an unusually early and intense flu surge across the UK, health officials urge parents to prioritise the nasal spray vaccine for children to prevent severe illness and hospitalisations. As the 2025/26 flu season intensifies with an unusually early and sharp rise in cases across the UK, leading paediatricians and…
Meta Platforms is deepening AI integration into its advertising infrastructure, aiming to automate ad creation and targeting by 2026, amid partnerships with rivals and expansion into industrial AI and hardware manufacturing. While generative AI models and computational advances often headline the technology narrative, the substantive transformation wrought by AI is…
Emerging trends in private market investing are opening new opportunities for retail investors, but complexities and risks remain central to the ongoing evolution of Europe’s venture capital landscape. Investors have long been drawn to the promise of “the technology of tomorrow,” seeking to back innovations that could shape the future…
The £1 billion Liverpool Street Station redevelopment faces further delays after revised plans are sent back for increased public scrutiny, amid public opposition, heritage concerns, and environmental criticisms that threaten the project’s future. The long-anticipated redevelopment of Liverpool Street Station, one of the UK’s busiest transport hubs, faces another delay…
Chancellor Rachel Reeves declines a £1 billion emergency NHS budget boost sought by Health Secretary Wes Streeting, as the government proceeds with a major overhaul involving 18,000 redundancies, sparking debate over the NHS’s future sustainability. Chancellor Rachel Reeves has declined Health Secretary Wes Streeting’s request for an emergency £1 billion…
Network Rail’s £1 billion plans to overhaul Liverpool Street Station have been delayed again amid fierce controversy over heritage impacts, financial viability, and sustainability concerns, raising fears about London’s historic character and future growth. Network Rail’s £1 billion redevelopment of Liverpool Street Station, one of the city’s most strategic transport…
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