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Cardiff-based AssayMetrics has secured investment from commercial funding company, Finance Wales, to develop a plate reader used in compound screening by the biotech and pharmaceutical industries. The early stage business has also received investment from a syndicate of business angels.

The Airbus parent reported a surplus of some 9 billion euros (8.3 billion pounds) at the end of last year as 2008 revenue rose to around 42 billion euros from 39 billion the year before.