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Itaconix plc

Itaconix plc develops plant-based polymers for homecare and personal care applications across North America, Europe, the Middle East, Africa, and other international markets. Its cleaning products include Itaconix DSP 2K, TSI 422, TSI 322, ONZ 100, ONZ 105, ONZ 400, ONZ 405, and SF 505, while its hygiene and beauty products include VELAFRESH ZP20, ZP30, ZP75, ZP95, and VELASOFT NE 100. Formerly known as Revolymer plc, the company changed its name to Itaconix plc in February 2017. It was incorporated in 2005 and is headquartered in Stratham, New Hampshire.

Price · split & dividend adjusted
News & notes moving ITX.LSE
United KingdomMadagascarGreenland
Longevity & Life Extension▲

Genflow trial hits endpoint; 80 Mile agrees takeover

Genflow Biosciences announced that its SLAB gene therapy trial in ageing dogs has met its primary endpoint, and it is now in talks with major animal health companies about a licensing deal. EnergyPathways has appointed Jacobs as engineering and regulatory partner for its MESH energy storage project in the Irish Sea, moving toward a key Ofgem funding submission. Itaconix is targeting a doubling of revenue to $30 million in the medium term, after half-year revenue jumped 72% on strong detergent demand. Gaming Realms says it is well placed to keep growing despite a UK tax hike hitting margins, with core content licensing revenue up 12% in the first half. Total Graphite reports that fresh drilling in Madagascar has strengthened the case for restarting mining at Vatomina, with one hole returning 19 metres at 3.3% graphite. 80 Mile has agreed indicative terms for a £61.5 million all-share takeover by Nasdaq-listed Greenland Energy, representing a near-47% premium to its share price.
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Longevity & Life Extension › Cellular Reprogramming & Rejuvenation ▲Technology
Critical Materials & Supply Chain › Rare Earths & Permanent Magnets ▲Supply
80M.LSE · Capital · Positive Agreed to a £61.5m all-share takeover by Greenland Energy at a near-47% premium
GENF.LSE · Technology · Positive SLAB gene therapy trial in ageing dogs met its primary endpoint, prompting licensing talks with animal health companies
ITX.LSE · Demand · Positive Half-year revenue jumped 72% on strong detergent demand, targeting $30m medium-term revenue.
GLND · Capital · Positive Agreed indicative terms for a £61.5m all-share takeover of 80 Mile, an M&A event for the acquirer
GMR.LSE · Regulation · Neutral UK tax hike is hitting margins, though core content licensing revenue rose 12% in H1.
EPP.LSE · · Neutral Appointed Jacobs as engineering and regulatory partner for its MESH storage project, moving toward Ofgem funding submission
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