April 27, 2017 9:18 PM ET

Capital Markets

Company Overview of The Biotech Growth Trust PLC

Company Overview

The Biotech Growth Trust PLC is a closed ended equity mutual fund launched by Frostrow Capital LLP. It is co-managed by OrbiMed Capital LLC. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the biotechnology sector. The fund invests in stocks of companies across all market capitalizations. It employs fundamental analysis to create its portfolio. The fund benchmarks the performance of its portfolio against the NASDAQ Biotechnology Index. It was previously known as Finsbury Emerging Biotechnology Trust PLC. The Biotech Growth Trust PLC was formed on May 20, 1997 and is domiciled in the United Kingdom.

601 Lexington Avenue

54th Floor

New York, NY 10022

United States

Founded in 1997

Phone:

212-739-6400

Fax:

212-739-6444

Key Executives for The Biotech Growth Trust PLC

Partner and Co-Portfolio Manager
Portfolio Manager
Age: 71
Portfolio Manager
Compensation as of Fiscal Year 2016.

The Biotech Growth Trust PLC Key Developments

The Biotech Growth Trust PLC Reports Unaudited Earnings Results for the Six Months Ended September 30, 2016

The Biotech Growth Trust PLC reported unaudited earnings results for the six months ended September 30, 2016. For the period, the company reported total income of GBP 1,084,000 against GBP 849,000 for the same period prior year. Profit before finance costs and taxation was GBP 755,000 against GBP 455,000 for the same period prior year. Profit for the period was GBP 590,000 against GBP 343,000 for the same period prior year. Basic and diluted earnings per share were 1.3 pence against 0.5 pence for the same period prior year. Net cash outflow from operating activities was GBP 2,985,000 against GBP 1,648,000 for the same period prior year.

The Biotech Growth Trust plc Appoints Julia Le Blan as Non-Executive Director

The Biotech Growth Trust PLC announced that Julia Le Blan has been appointed as a non-executive director of the company with effect from July 12, 2016.

The Biotech Growth Trust PLC Announces Directorate Changes

The Biotech Growth Trust PLC announced that Lord Waldegrave of North Hill has retired as a non-executive Director and Chairman of the company on 12 July 2016. Mr. Andrew Joy has taken over as Chairman of the company with effect from the same date. It is further announced that Professor Dame Kay Davies, CBE, has taken over from Mr. Joy as the company’s Senior Independent Director and also as the Chairman of the Remuneration Committee.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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