White job for Angel

SHARES in Angel Biotechnology climbed yesterday after the Edinburgh-based life sciences company appointed Stewart White as acting chief executive.

White joined Aim-quoted Angel – which makes stem cells and other biological ingredients for drugs companies – in December as commercial director and was promoted following the departure on Friday of chief operating officer Gordon Sherriff. Chairman Paul Harper said: “Stewart has made an excellent start in his role at Angel, bringing drive, focus and leadership in his current role and more broadly across the business. Stewart has assumed a broad range of responsibilities alongside Lorna Peers, our financial director, and myself.” Harper plans to add further staff to his team at Angel.

Shares closed 8 per cent higher at 0.27p.

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