We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for streaming realtime charts, analysis tools, and prices.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Btg Plc | LSE:BTG | London | Ordinary Share | GB0001001592 | ORD 10P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 840.00 | 839.00 | 840.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMBTG
RNS Number : 5810V
BTG PLC
06 November 2017
BTG plc: update on legal ruling
London, UK, 6 November 2017: BTG plc (LSE: BTG), the global specialist healthcare company, announces that the Court of Chancery of Delaware has issued its final order and judgement in relation to the litigation between BTG and Wellstat Therapeutics Corporation. This confirms the court's ruling, announced by BTG on 20 September 2017, that BTG has breached the distribution agreement relating to the commercialisation of Vistogard(R) .
As a result the distribution agreement has been terminated and BTG anticipates returning all rights to Vistogard(R) to Wellstat as soon as practicable. The court has also confirmed its ruling that Wellstat is entitled to damages of $55.8m plus interest and costs. BTG continues to consider appeal options. Pending the outcome of any appeal, BTG will recognise a provision of GBP53.5m in its results for the six months to 30 September 2017 to cover the damages and estimated interest plus costs at that date.
For further information contact
BTG
Andy Burrows, VP Corporate & Investor Relations
+44 (0)20 7575 1741; Mobile: +44 (0)7990 530 605
Stuart Hunt, Investor Relations Manager
+44 (0)20 7575 1582; Mobile: +44 (0)7815 778 536
Chris Sampson, Corporate Communications Director
+44 (0)20 7575 1595; Mobile: +44 (0)7773 251 178
FTI Consulting
Ben Atwell/Simon Conway
+44 (0)20 3727 1000
About BTG
BTG is a global specialist healthcare company bringing to market innovative products in specialist areas of medicine to better serve doctors and their patients. We have a portfolio of Interventional Medicine products to advance the treatment of cancer, severe emphysema, severe blood clots and varicose veins, and Specialty Pharmaceuticals that help patients overexposed to certain medications or toxins. Inspired by patient and physician needs, BTG is investing to expand its portfolio to address some of today's most complex healthcare challenges. To learn more about BTG, please visit: btgplc.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCEAXFDEASXFFF
(END) Dow Jones Newswires
November 06, 2017 02:00 ET (07:00 GMT)
1 Year Btg Chart |
1 Month Btg Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
