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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% | 0.745 | 0.725 | 0.75 | 0.00 | 06:32:03 |
RNS Number:3254Q Tepnel Life Sciences PLC 30 September 2003 FOR IMMEDIATE RELEASE 30 September 2003 Tepnel Life Sciences PLC ('Tepnel') makes US breakthrough with sale of third ' Nucleopure' Automated DNA Purification System Major US Biotech chooses 'Nucleopure' Manchester, UK. 30 September 2003...Tepnel Life Sciences PLC (AIM: TED) announces today that it has placed its third Nucleopure automated DNA purification system. The system has been sold to a 'top five' US biotech and delivery will be in October. This customer will use the system and associated reagents for the extraction, recovery and purification of genomic DNA from a variety of tissues and cell culture samples as part of its research into potential new treatments for human diseases. Nucleopure is a dedicated system that can extract DNA from 192 tissue samples in 30 minutes. Using conventional chemistry and manual purification techniques this process could take a skilled technician more than one week. Commenting today, Ben Matzilevich, Tepnel's CEO, said: "Breaking into the US market with Nucleopure, as we forecast earlier this year, is a great achievement. The purchase of our Nucleopure system by this leading biotech company is extremely encouraging. We believe it demonstrates the value of our automated DNA purification systems to the drug discovery process. The high throughput capabilities of the Nucleopure system are especially important to large pharmaceutical companies, which may process thousands of samples a month and cannot sacrifice either yield or purity. Nucleopure instrument sales will generate a significant ongoing revenue stream, given the large amounts of reagents that are consumed by this closed system." -ends- Further enquiries Tepnel Life Sciences - 0161 946 2200 Ben Matzilevich, CEO Gron Ffoulkes-Davies, Finance Director De Facto Communications - 020 7496 3300 Richard Anderson 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 MSCNKCKDBBKBCCB
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