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BRH Braveheart Investment Group Plc

6.35
-0.65 (-9.29%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Braveheart Investment Group Plc LSE:BRH London Ordinary Share GB00B13XV322 ORD 2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.65 -9.29% 6.35 6.20 6.50 7.00 6.35 7.00 404,663 15:50:17
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Management Services 51k 1.59M 0.0249 2.55 4.05M

Braveheart Investment Group plc Investment update -- Phasefocus Holdings Limited (0789B)

31/05/2023 7:00am

UK Regulatory


Braveheart Investment (LSE:BRH)
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From Mar 2023 to Mar 2024

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TIDMBRH

RNS Number : 0789B

Braveheart Investment Group plc

31 May 2023

31 May 2023

Braveheart Investment Group plc

("Braveheart", the "Company" or the "Group")

Investment update - Phasefocus Holdings Limited

Braveheart Investment Group (AIM: BRH), announces an update on Phasefocus Holdings Limited ("Phasefocus"), a company within Braveheart's investment portfolio and in which the Company has a 44.2% holding.

Phasefocus' imaging and analysis system, Livecyte(R), uses a novel method for high fidelity quantitative imaging and microscopy; this is known in the scientific literature as "ptychography".

Phasefocus recently appointed Nexus Scientific, a specialist in cell analysis instrument sales, to represent Livecyte(R) products in North America. Over the coming months, Nexus will be running a series of customer workshops, conference attendances and seminars, with the object of raising the profile and sales of Livecyte (R) in the USA .

Dr. Peter Djali has been appointed as Phasefocus's Head of European Business Development. Peter has previously held senior commercial roles in a range of biotech instrumentation companies, including Lumicks, CytoSMART, Isoplexis and Essen Bioscience. He brings with him a wealth of market sector experience and relevant potential customer connections. Peter will be building Phasefocus's sales channel network within Europe.

In April and May, Martin Humphry, CEO of Phasefocus, visited its distributors in Japan, China and the USA to raise the profile of Phasefocus and meet many potential customers.

Two new Livecyte(R) applications have been developed and are scheduled for launch before the end of 2023. These will be marketed as proprietary assays, to meet the needs of cell biologists testing drug performance in immuno-oncology and neurosciense applications. Livecyte (R) users have the ability to continuously track thousands of individual cells and sustain cell health and viability over prolonged durations. This fundamental feature facilitates longitudinal studies involving live cells, thereby permitting a more thorough exploration of dynamic cellular processes and the efficacy of drugs on them.

Trevor Brown, Chief Executive Officer of Braveheart, commented:

"Phasefocus has gained momentum in a number of areas recently which your Board is hopeful will lead to increased sales over the coming months."

For further information:

 
 
 Braveheart Investment Group plc         Tel: 01738 
                                          587555 
 Trevor Brown, Chief Executive Officer 
  Viv Hallam, Executive Director 
 
 Allenby Capital Limited (Nominated      Tel: 020 
  Adviser and Joint Broker)               3328 5656 
 James Reeve / George Payne 
 
 Peterhouse Capital Limited (Joint       Tel: 020 
  Broker)                                 7469 0936 
 Duncan Vasey / Lucy Williams 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

UPDDZGFKVGZGFZM

(END) Dow Jones Newswires

May 31, 2023 02:00 ET (06:00 GMT)

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