Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Market Report: Taking Stock

Derek Pain
Wednesday 12 November 1997 00:02 GMT
Comments

The blood shortage is directing attention towards Haemocell, which has developed a blood filtration system that, in effect, does away with the need for many blood transfusions.

The struggling healthcare group, up 0.25p to 3.5p, has had a wounding time, running into financial difficulties and hit by a series of marketing problems. Three years ago the shares were 182p. Haemocell believes it needs a little help to grow. It is involved in talks which could lead to a reverse takeover.

John Lusty, the acquisitive niche food group, continues to seek acquisitions and is likely to clinch a deal soon. Interim profits rose 159 per cent to pounds 609,000 and year's profits should be around pounds 1.9m against pounds 753,000. The shares edged ahead 0.25p to 9p.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in