Advanced manufacturing

Alliance Pharma shares hit new high after latest acquisition gets green light

December 29, 2017
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Alliance Pharma shares hit new high after latest acquisition gets green light

Specialty pharmaceutical firm Alliance Pharma has completed the acquisition of pesticide-free head lice treatment Vamousse, sending its shares to their highest-ever level.   The Chippenham-based firm, which buys underperforming drugs brands and realises their potential through investment, said the deal – announced on December 4 – had been approved by shareholders in Vamousse’s parent...

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Swindon & Wiltshire Initiative review of 2017: Enough good news to help ease the Brexit hangover

December 22, 2017
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Swindon & Wiltshire Initiative review of 2017: Enough good news to help ease the Brexit hangover

Ian Larrard, director of the Swindon & Wiltshire Initiative, Business West, looks back at the highs and lows of 2017 for the area.   After a dramatic 2016, many of us were perhaps expecting 2017 to be something like the morning after the night before, and for businesses facing up to the realities of...

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Change at the top of South West CBI as regional chair quits early

December 6, 2017
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Change at the top of South West CBI as regional chair quits early

The CBI has appointed Susan Davy, chief financial officer of environmental infrastructure group Pennon Group, as the next chair of its South West region. Susan, pictured right, will replace Andrew Livingston, CEO of Yeovil-based DIY and building equipment supplier Screwfix, who is leaving the post early.  Andrew, pictured below, took over the role for...

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Second deal in under a week adds natural head lice treatment to Alliance Pharma’s portfolio

December 5, 2017
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Second deal in under a week adds natural head lice treatment to Alliance Pharma’s portfolio

Alliance Pharma, the specialty pharmaceutical company, has 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...

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Made-in-Swindon Civic Type R races away with hat-trick of BBC TopGear Magazine awards

December 1, 2017
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Made-in-Swindon Civic Type R races away with hat-trick of BBC TopGear Magazine awards

Workers at Honda’s Swindon plant have been praised for helping the Civic Type R win three honours in the coveted BBC TopGear Magazine Car of the Year awards. The Type R – which has a top speed of 169mph and can do the 0-62mph sprint in just 5.7 seconds – picked up the ‘hot...

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Government’s Industrial Strategy ‘could deliver boost for Swindon’s economy’

December 1, 2017
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Government’s Industrial Strategy ‘could deliver boost for Swindon’s economy’

Swindon’s economy could benefit from aspects of the government’s long-awaited Industrial Strategy, announced this week, two key figures in the town’s business community have said. But there was also disappointment at the lack of detail in some of initiatives and a need for more engagement with the business community.  Ian Larrard, director of the...

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Anaesthetic gel acquisition to boost Alliance Pharma earnings

December 1, 2017
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Anaesthetic gel acquisition to boost Alliance Pharma earnings

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...

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Investment banker and healthcare business advisor joins Vectura as non-executive director

November 29, 2017
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Investment banker and healthcare business advisor joins Vectura as non-executive director

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...

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Budget 2017: Regional business reaction. Support for our growth sectors, but where’s the vision?

November 22, 2017
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Budget 2017: Regional business reaction. Support for our growth sectors, but where’s the vision?

Chancellor Philip Hammond’s support for the tech sector – a vital part of Swindon’s economy – in the Budget have been welcomed by regional business figures. Institute of Directors South West chair Nick Sturge, pictured, said: “We need to build on the strong network of clusters that are already working well in the regions, accelerating growing businesses by...

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Budget 2017: Key points

November 22, 2017
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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...

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