This week's Bulls N' Bears Runner of the Week is … MC Mining. The South African-focused coal producer inked a US$90 million cash injection into its coal operations. Also, Actinogen Medical received renewed support upon revealing analysis showing its Xanamem therapeutic to effectively treat depression, while other movers and shakers this week were Kalina Power and Felix Gold.
This week's Bulls N' Bears Runner of the Week is … InteliCare Holdings. Its shares jumped 144 per cent on the back of a $2 million capital raise to kickstart key commercial agreements for its AI-driven platform aimed at enabling the elderly to stay in their homes for longer. Other ASX movers and shakers were Encounter Resources, Vonex and Actinogen Medical.
Martin Rogers has resigned as executive chair and director of Actinogen Medical. Mr Rogers has been chairman since Actinogen Medical's inception in late 2014.
Half of the top twelve trending companies in Techboard's ranking this fortnight are health-techs, with Perth continuing to assert its credentials in the space.
Biotech firm Actinogen has signed an agreement to buy pharmaceutical company Corticrine for about $5.75 million, which focuses on the development of treatments for disease modification and prevention in Alzheimer's dementia.
