![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Bioprogress | LSE:BPRG | London | Ordinary Share | GB0032681628 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 50.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:5288P BioProgress PLC 09 September 2003 Press Release 9 September 2003 BioProgress plc The delivery of the first XGEL(R) NROBE(R) machine and the execution of two further agreements BioProgress plc, a provider of innovative delivery mechanisms for the pharmaceutical oral dosage markets, has completed the design and build of the first pilot scale version of its XGEL(R) NROBE(R) technology, which will now be delivered to Farmasierra in Madrid Spain. The pilot scale machine is fully representative of the full scale NROBE(R) machine. Farmasierra can now commence a programme of new product development and comparative studies to generate data which shows the major benefits of the NROBE (R) technology in improving release characteristics and drug performance when compared with standard dosage forms. Dr Tomas Olleros, President and CEO of Farmasierra said: "We are pleased to be the first in the World with the NROBE(R) technology. The delivery of the pilot scale machine will enable us to broaden our development programme and build on the work already completed. We believe the NROBE(R) technology opens up the possibility of significant formulation improvements to existing pharmaceutical products and the formulation of new products with enhanced active delivery performance. The NROBE(R) technology also streamlines the manufacturing process by eliminating several stages required in traditional tablet dosage form production." Graham Hind, CEO of BioProgress said: "Farmasierra is an important customer for BioProgress as they have a fully pharmaceutically approved manufacturing facility in Madrid. We believe the real opportunity for our NROBE(R) technology is the improvement of existing and the development of new (Rx) prescription medicines. The development and validation work for products in this sector must be done within a facility approved for pharmaceutical manufacturing. Farmasierra can now provide Research and Development services in the NROBE(R) technology for all the major global pharmaceutical companies, enabling them to validate and assess the advantages offered by the NROBE(R) technology." XGEL(R) NROBE(R) is one of four new dosage forms BioProgress is developing under the XGEL(R) family of products. The others are: SWALLOW, a new non-gelatin liquid filled capsule process; TABWRAP(R), a new tablet wrapping process which eliminates the need for traditional tablet coating processes, and; SEPTUM(R), a new dosage form which enables the encapsulation of two non-compatible active ingredients in the same shell delivering each at a different time or site in the body. BioProgress also announces the execution of two further development agreements. The names of the companies and the products involved must remain confidential for commercial reasons. The first is the second phase of an agreement which has been running for nearly a year and involves the transfer of a major global product into BioProgress XGEL (R) technology. The second is a new development agreement with another major top ten Pharmaceutical company working with BioProgress for the first time. - Ends - For further information: BioProgress plc Graham Hind, Chief Executive Tel: +44 (0) 1354 655 674 grahamhind@bioprogress.com www.bioprogress.com Media enquiries: Bankside Heather Salmond / Julian Bosdet Tel: +44 (0) 20 7444 4140 heather.salmond@bankside.com www.bankside.com Notes to editors: BioProgress listed on AIM in May 2003 and is engaged in the research, development, and design of patented encapsulation systems that use water soluble and biodegradable films for the dietary supplement, pharmaceutical and other sectors. The Company holds 15 patents with a further 38 pending and has product development agreements with several global companies. BioProgress aims to provide a cost effective and animal-free encapsulation process for pharmaceutical drugs in liquids, tablets and powders, thereby addressing the needs of the entire market for oral dosage forms while providing novel delivery mechanisms not possible with traditional processes. The Company has also developed, patented and licensed the world's first flushable ostomy pouch that offers a newly enhanced quality of life not previously possible for the end user. Market research shows the global ostomy market to be worth $1 billion annually. The Company's business model provides it with several significant revenue streams including sales of encapsulating machines and film, plus licence and fees for research development services. This information is provided by RNS The company news service from the London Stock Exchange END MSCILFFDATITIIV
1 Year Bioprogress Chart |
1 Month Bioprogress Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions