SalvaRX losses deepen after asset disposal

Archived article

Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

Drug developer SalvaRX Group booked a deeper annual loss owing to an asset disposal.

Pre-tax losses for the year through December amounted to £3.4m, compared to losses of £2.2m on-year.

The loss came despite R&D spending falling to £861k, down from £1.19m on-year.

At 2:14pm: (LON:SALV) Salvarx Group Plc share price was -1.5p at 9p