Firm chaired by O’Dea doubles stake in proton beam company

The Willie O’Dea-chaired Formation Group has doubled the value of its stake in Proton Partners, the experimental proton-beam cancer treatment company which is also backed by London hedge fund boss Neil Woodford.

Proton Partners – which was founded in 2015 by Professor Karol Sikora, a former head of the World Health Organisation’s cancer programme – was admitted to the London Stock Exchange’s NEX index last month and its shares are currently trading at ...