IN BRIEF: Clarify Pharma annual loss narrows as outlook ’confident’

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Clarify Pharma PLC - London-based investor in psychedelics companies - Pretax loss for year ended November 30 narrows to £1.0 million from £1.3 million the previous year. The company makes no revenue for the year. Total assets at November 30 falls by half to £1.5 million from £2.6 million the year prior. The company believes that the sector will develop significantly with the regulatory environment. Executive Director Jonathan Bixby says: ‘We remain confident that our early-stage investment in Beckley Psytech Ltd will generate attractive returns.’

Current stock price: 0.80 pence

12-months change: down 72%

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