Alliance Pharma, the specialty pharmaceutical company, today made its second acquisition in less than a week, snapping up pesticide-free head lice treatment Vamousse for $13m (£9.6m). The Chippenham-based firm, which buys underperforming drugs brands and realises their potential through investment, said the acquisition of Vamouse, like that of anaesthetic gel Ametop last week for...
Alliance Pharma, the specialty pharmaceutical company, has acquired the rights to the anaesthetic gel Ametop from global medical firm Smith & Nephew for $7.5m (£5.5m). The Chippenham-based firm, which buys underperforming drugs brands and realises their potential through investment, said the deal would immediate boost its earnings. Ametop is a topical anaesthetic gel product...
Specialist pharmaceutical firm Vectura has appointed Juliet Thompson as an independent non-executive director with effect from December 1. Juliet, pictured, will also join the audit committee of the Chippenham-based firm, which makes innovative devices and formulation for inhaled airways diseases. Juliet has spent around 20 years working as an investment banker and strategic advisor...
Bath specialist engineering group Rotork has embarked on a series of root-and-branch reviews of the business as it looks to return to higher levels of growth and appoints a new chief executive. The group, a world-leader in the design and manufacture of specialist valves for the oil and gas industry, said it is already...
Chancellor Philip Hammond’s support for the tech sector – a vital part of Bath’s economy – and his commitment to devolve more funding for infrastructure and skills to the West of England in Wednesday’s Budget have been welcomed by business figures. However, there was criticism that his measures lacked the dynamism and vision needed...
Chancellor Philip Hammond has presented the 2017 Budget. Here are the main points: Economy is ready for challenges that lie ahead Growth forecast is now 1.5% this year, 1.4% next year and 1.3% in 2019/20 against 2% this year, 1.6% next year and 1.7% in 2019. Inflation peaking at 3% in this quarter before...
Business West, the region’s largest business organisation, today called on Chancellor Philip Hammond to “be brave, but invest in the long term” in Wednesday’s Budget. The group, which runs most chambers of commerce across the West of England – including in Bath – said businesses’ patience was wearing thin with a government that was...
Advanced automotive tech firm AB Dynamics has won a major national award just weeks after officially unveiling its new £9m global headquarters. The firm, which designs and manufacturers test systems for the world’s leading car makers, collected the Tech Achievement of the Year title at the recent UK Tech Awards. The accolade recognised AB...
West of England firms’ domestic sales and orders have grown at their fastest rate for two years, while business confidence is at its highest since before the Brexit referendum, according to the latest survey from Business West. The organisation, the largest business membership group in the region, said the findings showed local businesses had...
Challenges linked to infrastructure, apprenticeships and Brexit were among the topics discussed by businesses when they met Chippenham MP Michelle Donelan at a roundtable staged by business services organisation Business West. With uncertainty still hanging over the government’s Brexit negotiations, businesses at the event emphasised the importance of agreeing a meaningful transitional deal with...
