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PRM Proteome Sciences Plc

0.33 (9.62%)
28 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Proteome Sciences Plc LSE:PRM London Ordinary Share GB0003104196 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.33 9.62% 3.76 3.52 4.00 3.50 3.50 3.50 297,489 16:35:23
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Biological Pds,ex Diagnstics 7.78M 1.33M 0.0045 7.78 10.33M

Proteome Sciences PLC Completion of new facility in San Diego (2683Y)

02/01/2024 7:00am

UK Regulatory

Proteome Sciences (LSE:PRM)
Historical Stock Chart

From Nov 2023 to May 2024

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RNS Number : 2683Y

Proteome Sciences PLC

02 January 2024

2 January 2024

Proteome Sciences plc

("Proteome Sciences" or the "Company")

Completion of new facility in San Diego

Proteome Sciences is pleased to announce the completion of installation and setup of equipment in its new US laboratory in San Diego, California. and is therefore now fully operational. The laboratory uses the latest generation Orbitrap Ascend Tribrid mass spectrometry and automated sample preparation platforms that will extend the range of services offered to customers.

This new facility is based in one of the largest biotech hubs in the US - a hub which has had, collectively, investment of $17.2 bn and US National Institute of Health funding of $6bn in 2022/23 - Proteome Sciences' state of the art Laboratory is well placed to serve demand from a growing number of US customers looking to outsource proteomics projects to underpin their drug development programmes. By removing the need to ship samples internationally our services are more attractive to customers from both Pharma and academia alike.

Dr. Ian Pike, President of Proteome Sciences US Inc, commented "I am delighted that we are able to open our doors to serve arguably the world's largest biotechnology hub in California. Providing easier access to our US customers and with innovations including TMTpro 32plex and single cell proteomics (SCP), delivered from both our dedicated laboratories in the US and Europe we are well set to continue our leading role in provision of tools, assays and services in proteomics research as it grows in importance to enhance pharmaceutical research and drug development."

For further information:

   Proteome Sciences plc 
 Dr. Mariola Soehngen, Chief Executive        Tel: +44 (0)20 7043 2116 
  Dr. Ian Pike, Chief Scientific Officer 
 Richard Dennis, Chief Commercial Officer 
  Abdelghani Omari, Chief Financial Officer 
 Allenby Capital Limited (Nominated Adviser & Broker) 
 John Depasquale / Jeremy Porter (Corporate   Tel: +44 (0) 20 3328 5656 
  Tony Quirke / Stefano Aquilino (Equity 
  Sales & Corporate Broking) 

About Proteome Sciences plc. ( )

Proteome Sciences plc is a specialist provider of contract proteomics services to enable drug discovery, development and biomarker identification, and employs proprietary workflows for the optimum analysis of tissues, cells and body fluids. SysQuant(R) and TMT(R)MS2 are unbiased methods for identifying and contextualising new targets and defining mechanisms of biological activity, while analysis using Super-Depletion and TMTcalibrator(TM) provides access to over 8,500 circulating plasma proteins for the discovery of disease-related biomarkers. Targeted assay development using mass spectrometry delivers high sensitivity, interference-free biomarker analyses in situations where standard ELISA assays are not available.

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(END) Dow Jones Newswires

January 02, 2024 02:00 ET (07:00 GMT)

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