SHORE the Scottish Seaweed Company (SHORE), the trading name of Alness-based seaweed processing company New Wave Foods Ltd, has expanded its product range having secured a £1.7 million finance package.

Reactec, the Edinburgh-based tech company that recently launched its innovative SAFE-DISTANCE device to enable social distancing among workers, has completed a further £700,000 round of fundraising for the ongoing development of its innovative personal monitoring equipment and reporting technology.

Symbiosis Pharmaceutical Services, a specialist provider of pharmaceutical and vaccine development services, has announced it has signed a supply agreement with AstraZeneca for sterile manufacture of the COVID-19 recombinant adenovirus vaccine known as AZD1222 for AstraZeneca sponsored clinical trials.

A report by an independent group of experts looking at future economic growth in response to the coronavirus pandemic has been welcomed by Scottish Enterprise.

The Morvern Community Development Company (MCDC) has worked with Triodos Bank UK and the Scottish Investment Bank (SIB), the investment arm of Scottish Enterprise, to secure a new finance arrangement to support the development of a high-head (142m) hydropower scheme on the Barr River near Loch Teacuis, Morvern in Lochaber, Scotland.