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Summerset's Q2 sales down 9.6%; says market stabilising
By Rebecca Howard July 8 (BusinessDesk) - Summerset Group’s second-quarter sales were down 9.6 percent from a year earlier, but the Wellington-based retirement village operator says property market sentiment has stabilised. Summerset said it sold 141 occupation rights in th...
AFT signs North American licensing deal for Pascomer topical treatment
By Paul McBeth July 5 (BusinessDesk) - AFT Pharmaceuticals is eyeing a US$10 million payment from a North America licensing deal but is keeping its earnings guidance unchanged for now. The maker of Maxigesic painkillers reached the licensing and development agreement with...
TruScreen's $2M bookbuild extended as CEO hits road to meet investors
By Rebecca Howard July 4 (BusinessDesk) - Potential investors in TruScreen want to see chief executive Martin Dillon in person before backing a $2 million capital raising. On Tuesday, the cervical cancer test maker's shares were placed on a trading halt that was due to be l...
RESEND: Geo notes June sales lift, confirms FY guidance
(Resent after technical issue affected delivery to some subscribers) By Gavin Evans July 3 (BusinessDesk) - Workforce management software company Geo says licence sales rose in the June quarter on the back of new features added to its core product in the period. The soft...
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