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Share Name | Share Symbol | Market | Type |
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TerrAscend Corp | TG:TED | Tradegate | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0.66 | 0.64 | 0.66 | 0.00 | 06:32:00 |
RNS Number:1393M Tepnel Life Sciences PLC 10 June 2003 FOR IMMEDIATE RELEASE 10 June 2003 Tepnel Life Sciences PLC ('Tepnel') Sells First 'Nucleopure' Automated DNA Purification System New High-Throughput System will Boost Reagent Sales Manchester, UK. 10 June 2003...Tepnel Life Sciences PLC (AIM: TED) announces today it has made the first sale to one of the leading UK pharmaceutical companies of its new 'Nucleopure' automated DNA purification system and associated reagents. The new system, formerly known as the T2000, automates Tepnel's Nucleon(R) chemistry and will be used for the extraction, recovery and purification of high yields of highly intact genomic DNA from a range of tissues. Tepnel is expecting further sales of the 'Nucleopure' over the next six months to other pharmaceutical companies, contract research organisations (CROs) and biotechnology companies. A growing installed base of 'Nucleopure' systems should have a significant impact on Tepnel's recurring revenues, given the large amounts of reagents that are consumed by this new high-throughput system. Commenting on the announcement, Ben Matzilevich, Tepnel's CEO, said: "We are very pleased to make this first sale of the 'Nucleopure' system following an extensive evaluation of the system's capabilities by the customer. This initial placement provides Tepnel not only with its first instrument sale but also, and perhaps more importantly, it will generate a significant ongoing revenue stream in terms of consumables required for the operation of the system. Furthermore, this sale reinforces Tepnel's strategy of building partnerships with and providing DNA purification and bioanalytical solutions to companies in the pharmaceutical industry. We anticipate further sales of 'Nucleopure' systems and reagents during the remainder of 2003 and beyond." -ends- Further enquiries Tepnel Life Sciences - 0161 946 2200 Ben Matzilevich, CEO Gron Ffoulkes-Davies, Finance Director HCC De Facto Group - 020 7496 3300 David Dible / Mark Swallow Notes to Editors Tepnel Life Sciences is a global biotechnology company with a "tripolar" strategy focused on providing the biomedical industry with high-throughput automated DNA purification systems, manual DNA purification kits and reagents, as well as scientific services for nucleic acid purification, drug analysis, genotyping and genetically modified foods (GMOs). The Company was founded in 1992 to exploit DNA technology generated at UMIST (University of Manchester Institute of Science and Technology) and is listed on the AIM segment of the London Stock Exchange (AIM: TED). This information is provided by RNS The company news service from the London Stock Exchange END AGRNKKKPDBKDPAD
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