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Midatech Pharma PLC on Friday announced it expects a significant jump in its 2016 revenue as it continued to make “good progress”.
The NASDAQ-listed speacialty pharmaceutical company expects to report a revenue of GBP9.0 million for 2016, much higher from the the GBP1.4 million it reported a year earlier.
The announcement has sent Midatech's shares 15 percent higher on Friday.
Midatech will report its full year results in April.
