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Creo Medical Group doubled revenue and cut losses in H1 2025, while EMV Capital acquired Destiny Pharma’s antibiotic assets for development.
Creo Medical Group reported strong first-half 2025 results with a 40% revenue increase to £2.2 million and a 43% reduction in underlying operating losses, aided by cost cuts and a major sale of its European business.
Despite a quarterly loss of GBX 4 per share, the company boosted cash reserves to £20.5 million and reaffirmed its full-year revenue growth forecast of 40–60%.
EMV Capital acquired Destiny Pharma’s antibiotic assets, including the XF-73 nasal gel platform, for up to £2.475 million, with plans to advance phase III trials and pursue U.S. approval.
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Creo Medical Group duplicó los ingresos y redujo las pérdidas en H1 2025, mientras que EMV Capital adquirió los activos de antibióticos de Destiny Pharma para el desarrollo.