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MIC Micap

0.375
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Micap MIC London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.375 01:00:00
Open Price Low Price High Price Close Price Previous Close
0.375 0.375
more quote information »

Micap MIC Dividends History

No dividends issued between 27 Apr 2014 and 27 Apr 2024

Top Dividend Posts

Top Posts
Posted at 31/7/2008 18:09 by trixter
Does this look like an extension/development of MIC IP by Firmenich who MIC worked with? Has MIC been shafted? I wonder what happened to end the relationship? MIC taken to the cleaners? Seems like lots of interest developing in protecting flavours, etc....but MIC not doing much to protect themseleves..??

AIMHO etc.
Posted at 26/9/2007 07:42 by trixter
Perhaps they are waiting for Mr Mapstone to get back from a round the world cruise or he's too pre-occupied fixing Hill Station...! Let's hope MIC are not another HLL!
Posted at 18/9/2007 10:45 by trixter
On the iii MIC board today there is speculation about the possible link between MIC and MDX (BPRG).

"Quite possible with the Meldex (Bioprogress) tie up.
Its old (2004) but these things take time.



I actually believe the results will show a marked improvement."

Anyone know the latest on this? MDX release results on 25/9. Wonder if MIC will release the same day? The chances narrow with every day that passes... I hold MIC. IMO, DYOR etc...
Posted at 31/7/2007 14:15 by don muang
well, it did seem like a good idea to hold MIC until this week....
but if good news comes with next RNS then ....
Posted at 27/7/2007 15:21 by mikehardman
Don - good to see you here

indifference persists...


a 70-bagger would be so nice...


reminder from 19dec06 interims:
'We are now generating revenues from all our operating divisions, with
significant growth expected from Micap Encapsulates in the next few months. The extension to the Nufarm option agreement will make the achievement of a break even position in the final quarter unlikely, but if we continue to make the progress we are seeing throughout the Group this should be possible early in our new financial year.'
the finals must be imminent...

I live in hope!
hope of another AUK, NOP, KMR, etc. - all of which were dogs in their day

and yer gotta have the odd dog in the portfolio, else you're not gonna get one of them bagger-in-a-day pops that occur now and then :)
Posted at 30/5/2007 21:19 by don muang
... & presumably obliviation for those that don't ...
still 'presuming' that MIC will 'have the right product'.
Posted at 24/4/2007 12:37 by mikehardman
long a few ~1.8p;
bid ticked up

19dec06 interims - turnover +146%, losses down, getting there, expects profitable next FY

"We are now generating revenues from all our operating divisions, with
significant growth expected from Micap Encapsulates in the next few months."

finals are in June, but I'm kinda hoping we'll get a trading stmt before then (had one 6apr in 2006), hopefully proving that 'significant growth'.
Posted at 06/4/2005 07:07 by pomp circumstance
At last!!!!


MICAP PLC
06 April 2005





6th April 2005

SKYEPHARMA NOMINATES PRODUCTS FURTHER TO EXERCISE OF OPTION
AND
TRADING UPDATE

Micap plc (LSE: MIC), the technology licensing company specialising in the
microencapsulation of active ingredients in yeast cells, today announces that
SkyePharma plc (LSE: SKP, Nasdaq: SKYE) will incorporate Micap's yeast-based
delivery system in its ongoing development of a further nine (9) pharmaceutical
products. This announcement completes SkyePharma's current option agreement with
Micap.

In March 2004, SkyePharma exercised an option to acquire an exclusive licence to
use Micap's patented microencapsulation technology. This allowed SkyePharma to
use Micap's technology for the delivery of hydrophobic drugs in up to ten
nominated pharmaceutical products ('Option Products') to be selected by
SkyePharma and in August 2004 the first Option Product was nominated.

SkyePharma has, since the first Option Product was nominated, been evaluating a
number of other potential Option Products, using its experience of drug delivery
technologies to identify those compounds most suitable for the Micap technology
and with the greatest market opportunity and has now nominated the remaining
nine (9) Option Products. Whilst the identity of these products cannot be
disclosed for reasons of commercial confidentiality, they are all oral doseage
forms and include a combination of proprietary and generic compounds.

Under the terms of the March 2004 agreement, royalties will be payable by
SkyePharma to Micap on sales made of, or licences granted on, any Option
Product. SkyePharma will also make milestone payments on the successful
completion of Phase II and Phase III clinical trials and also on the commercial
launch of the first Option Product.

Micap will now carry out an optimisation program on the encapsulated compounds
and SkyePharma will undertake formulation and stability studies with a view to
commencement of further pre-clinical trials.

Micap continues to be in discussions with a number of partners regarding
evaluation, development and licensing deals and hopes to be in a position to
inform shareholders of further progress on these negotiations soon. These
discussions have been progressing well, however, in some cases they have taken
longer than expected to conclude and whilst costs remain in line with
management's expectations, certain access and option fees anticipated to be
received in the financial year to 31 March 2005 will now fall due in the new
financial year.

The Board is pleased with the significant progress in both the quality and
number of Micap's partnerships and look forward to positive developments in the
coming months.

Michael Brennand, Chief Executive of Micap, said:

'The nomination by SkyePharma of their remaining Option Products is a
significant milestone for Micap. Not only are we moving to the next stage of
development with a world leading drug-delivery company, but the conclusion of
the Option agreement with SkyePharma allows us to actively market our patented
encapsulation system to other companies within the pharmaceutical market. We are
particularly excited about our opportunity in relation to topical skin
applications of products, where we have recently experienced highly positive
results in laboratory trials.'

For further information please contact:
Contact:

Micap plc +44 (0)1925 664200
Michael Brennand, CEO +44 (0)7966 341801
Michael Norris, CFO +44 (0)7966 341802

Binns & C PR +44 (0)20 7786 9600
Tarquin Edwards/Chris Steele 07879 458 364 / 07979 604 687
Posted at 20/10/2004 07:42 by m.t.glass
"...Discussions are currently underway with a major multinational..."




MICAP PLC
20 October 2004


Micap plc

20th October 2004

Micap plc announces positive results of a recent study on use of Micap
encapsulated fungicides to improve control of fungal damage to cereal crops.

Micap plc ('Micap', LSE: MIC) today announces new business opportunities in the
area of agrochemicals.

Further to the recently-reported success in the evaluation of Micap technology
for herbicides, promising new results have now been obtained in fungicide
applications. Micap has funded laboratory trials at the University of Nottingham
comparing the performance of a commercial fungicide formulation with a
formulation based on Micap technology. The target for the study was the ear
blight fungus Fusarium, which represents a significant commercial threat to
cereal farmers.

The outcome of the study showed that a standard Micap formulation performed well
compared to a commercial product for stem based disease control. Additionally,
in mature plants, when wheat ears were infected, the Micap formulation of the
fungicide tebuconazole outperformed the commercial product, resulting in an
increased grain yield.

In addition, subsequent studies have demonstrated a substantial reduction in the
levels of Fusarium mycotoxin present in the grain of Micap-treated plants. This
is a likely reflection of the benefit of sustained release of the active
ingredient. The use of the Micap encapsulation technology for the delivery of
fungicides offers the potential to control mycotoxin contamination of grain to
below 0.75ppm, the target level currently under review by the European Union.

Michael Brennand, Chief Executive of Micap, said: 'We are delighted at these
encouraging study results and look forward to the continued development of
fungicidal applications.'

Dr. Steve Rossall, senior lecturer in plant pathology at Nottingham University,
commented: 'The results produced by the Micap technology in the Fusarium study
were very promising, particularly since the formulation of the Micap product had
not been optimised.'

Discussions are currently underway with a major multinational to carry out field
trials incorporating the Micap formulation of tebuconazole used in the study.

Ongoing studies include the evaluation of Micap formulations of a number of
azole fungicides against their commercial equivalents, whilst trials of seed
dressing applications are currently at the planning stage.



Contact:

Micap plc 01925 664200
Michael Brennand, CEO 07966 341801
Michael Norris, Finance Director 07966 341802

Gavin Anderson & Company 020 7554 1400
Janine Brewis

About Micap
Micap listed on AIM in August 2003 and is a UK technology licensing company
specialising in the micro encapsulation of active ingredients within yeast
cells. For further details visit
www.micap.co.uk
.

Micro encapsulation is a process whereby tiny droplets of liquid or particles of
solid material are coated with a continuous film of polymeric material.
Microcapsules have several benefits, including conversion of liquids to solids;
separating reactive compounds; protecting substances against environmental
factors; and improving the material handling properties. Micap's unique
proprietary technology involves using killed yeast cells as natural capsules to
protect the active ingredient. Yeast encapsulation can protect active
ingredients against high temperatures, the effects of the sun, pressure and
degradation through exposure to the air. The natural affinity of yeast cells
for mucous membranes can also be exploited for targeted drug delivery.


About Fusarium blight

The global market for agrochemicals is around $30bn and is split into three main
sectors: herbicides, fungicides and insecticides.

Fusarium is a stem-based pathogen of cereals which primarily affects the ears,
causing reduced yield and importantly a contamination of the grain with
mycotoxins, which are potentially harmful to people. Fusarium Ear Blight
infection was estimated to cause a loss in excess of $2.5bn to farmers in the US
between 1998-2000 (Ngenje et al, Oct 2001).

Mycotoxins

Mycotoxins are toxic chemicals produced by moulds growing on food commodities or
animal feedstuffs. In order to protect public health, they are subject to
government regulation in most countries.



This information is provided by RNS
The company news service from the London Stock Exchange
Posted at 17/8/2004 07:11 by bigboony
MICAP PLC
17 August 2004


17 August, 2004


SKYEPHARMA EXERCISES OPTION
UNDER AGREEMENT WITH MICAP

Micap plc (LSE: MIC), the technology licensing company specialising in the
microencapsulation of active ingredients in yeast cells, today announces that
SkyePharma plc (LSE: SKP, Nasdaq: SKYE) has decided to exercise its option to
select for further development a number of pharmaceutical products that
incorporate Micap's yeast-based delivery system.

In March 2004, SkyePharma exercised an option to acquire an exclusive licence to
use Micap's patented microencapsulation technology. This allows SkyePharma to
use Micap's technology for the delivery of hydrophobic drugs in up to ten
nominated pharmaceutical products ('Option Products') to be selected by
SkyePharma.

SkyePharma has subsequently been evaluating a number of potential Option
Products and is now in a position to nominate the first Option Product. The
identity of this product has not been disclosed for reasons of commercial
confidentiality. SkyePharma will continue to review additional product
opportunities, and expects to make further nominations prior to the expiry of
the Option Period.

Under the terms of the March agreement, ongoing royalties will be payable by
SkyePharma to Micap on sales made, or licences of, any Option Product.
SkyePharma will also make milestone payments on the first successful completion
of Phase II and Phase III clinical trials and also on the first commercial
launch of an Option Product.

Michael Brennand, Chief Executive of Micap, said: 'The commitment shown by
SkyePharma is a major validation of the potential applications of our
microencapsulation technology in the pharmaceutical area. We look forward to
progressing the relationship through clinical trials and product launches.'

Michael Ashton, Chief Executive of SkyePharma, said: 'We continue to be pleased
with our relationship with Micap. In January 2003, we agreed to evaluate the
application of the Micap microencapsulation technology to the delivery of
hydrophobic drugs. Following pre-clinical evaluation of the Micap technology in
both oral and topical drug delivery applications, we decided to exercise our
option in March this year. We are now able to report that we have selected the
first Option Product for further development. We will continue to evaluate other
candidate Option Products, which we must nominate by the end of March 2005. The
Micap technology further expands our growing range of drug delivery options.'


For further information please contact:

Contact:

Micap plc +44 (0)1925 664200
Michael Brennand, CEO +44 (0)7966 341801

Gavin Anderson & Company (For Micap) +44 (0)20 7554 1400
Liz Morley/Janine Brewis/Tom Siveyer

SkyePharma plc +44 (0)20 7491 1777

Michael Ashton, CEO
Peter Laing, Director of Corporate Communications +44 (0)20 7491 5124


Notes for editors:

About Micap

Micap is a UK technology licensing company specialising in the
microencapsulation of active ingredients within yeast cells. For further details
visit
www.micap.co.uk
.

About SkyePharma

SkyePharma develops pharmaceutical products benefiting from world-leading drug
delivery technologies that provide easier-to-use and more effective drug
formulations. There are now ten approved products incorporating SkyePharma's
technologies in the areas of oral, injectable, inhaled and topical delivery,
supported by advanced solubilisation capabilities. For more information, visit

www.skyepharma.com
.

About microencapsulation

Microencapsulation is a process whereby tiny droplets of liquid or particles of
solid material are coated with a continuous film of polymeric material.
Microcapsules have several benefits, including conversion of liquids to solids;
separating reactive compounds; protecting substances against environmental
factors; and improving the material handling properties. Micap's unique
proprietary technology involves using killed yeast cells as natural capsules to
protect the active ingredient. Yeast encapsulation can protect active
ingredients against high temperatures, the effects of the sun, pressure and
degradation through exposure to the air. The natural affinity of yeast cells for
mucous membranes can also be exploited for targeted drug delivery.

About hydrophobic drugs

Certain pharmaceuticals dissolve readily in oils or organic solvents but are
wholly or partially insoluble in water. These hydrophobic drugs pose particular
delivery problems since, in order to be properly absorbed by the body, nearly
all drugs need to dissolve in water.


This information is provided by RNS
The company news service from the London Stock Exchange

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