REG - Proteome Sciences - Contract Win

Proteome SciencesAnnouncement

26/04/2024 07:00

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RNS Number : 1181M  Proteome Sciences PLC  26 April 2024

 

 

Prior to publication, the information contained within this announcement was
deemed by the Company to constitute inside information as stipulated under the
UK Market Abuse Regulations. With the publication of this announcement, this
information is now considered to be in the public domain.

26 April 2024

Proteome Sciences plc

("Proteome Sciences" or the "Company")

 

Substantial contract for Proteome Sciences

Proteome Sciences (AIM:PRM), is pleased to announce that the Company has
secured a contract win from a US biopharmaceutical company using the Company's
mass spectrometry services for the analysis of samples for an on-going
clinical trial. This project will be provided utilising the Good Clinical
Laboratory Practice ("GCLP") accreditation obtained by Proteome Sciences
specifically for this type of project. The contract value is in excess of
£500,000 and the Company considers that a good proportion of the work should
be completed in this financial year.

Commenting on the contract, Richard Dennis, Chief Commercial Officer of
Proteome Sciences said:

"We have experienced good customer interest in our services in the first
Quarter reflected by the considerable increase in customer contact and
quotations across a broad range of projects. In this contract the client
selected our targeted assay workflows with GCLP compliance as a quality
standard specifically to monitor the performance of their investigational drug
in their clinical trial.  We expect the increased levels of interest in our
services activities to continue through 2024 and look forward to further
clinical trial projects."

- Ends -

For further information:

 Proteome Sciences plc
 Dr. Mariola Soehngen, Chief Executive Officer                           Tel: +44 (0)20 7043 2116

 Dr. Ian Pike, Chief Scientific Officer
 Richard Dennis, Chief Commercial Officer

 Abdelghani Omari, Chief Financial Officer

 Allenby Capital Limited (Nominated Adviser & Broker)
 John Depasquale/Lauren Wright (Corporate Finance)                       Tel: +44 (0) 20 3328 5656

 Tony Quirke / Stefano Aquilino (Equity Sales & Corporate Broking)

About Proteome Sciences plc. (www.proteomics.com (http://www.proteomics.com/)
)

 

Proteome Sciences plc is a specialist provider of contract proteomics services
to enable drug discovery, development and biomarker identification, and
employs proprietary workflows for the optimum analysis of tissues, cells and
body fluids. SysQuant® and TMT®MS2 are unbiased methods for identifying and
contextualising new targets and defining mechanisms of biological activity,
while analysis using Super-Depletion and TMTcalibrator™ provides access to
over 8,500 circulating plasma proteins for the discovery of disease-related
biomarkers. Targeted assay development using mass spectrometry delivers high
sensitivity, interference-free biomarker analyses in situations where standard
ELISA assays are not available.

 

 

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