Drug IT group to float

first_img Drug IT group to float whatsapp Tags: NULL whatsapp Sunday 10 October 2010 10:52 pm More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comConnecticut man dies after crashing Harley into live bearnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comWhy people are finding dryer sheets in their mailboxesnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com A SUPPLIER of safety assessment software to drug development companies is raising £9.15million on London’s junior stock market to help it hit the acquisition trail.Instem Life Science Systems, whose customers include GlaxoSmithKline and Astrazeneca, is placing 5,228,376 shares at 175p each on AIM, giving it a market capitalisation of £20.5m.The Staffordshire-based company, whose flagship product is known as Provantis, provides software that helps pharmaceutical companies to assess the safety of their drugs.It hopes to expand by developing new products and buying rivals in a highly fragmented market that it says is ripe for consolidation.Chief executive Phil Reason said tax and spending pressures on the pharmaceutical industry were helping to increase demand for its products.The group was hoping acquisitions would help it to speed up its growth in markets and regions such as China and Japan.“The initial public offering will play a key part in helping us to achieve these goals,” he said.Instem employs 102 staff at eight sites around the world and has more than 80 customers including seven of the top 10 pharmaceutical and biotech companies in North America, Europe, China, India and Japan.MARK BRADYBREWIN DOLPHINMARK Brady at Brewin Dolphin is acting as broker and adviser on the Instem Life Science Systems flotation. Brady, the managing director of corporate finance at Brewin, joined the group’s corporate finance team in 1988, having qualified at tax and business services consultancy KPMG and became a director in 1993. He has experience in providing advice to clients on IPOs, takeovers and a range of other transactions involving private and public firms. In addition, Brady is the immediate past chairman of the Quoted Companies Alliance and a member of the Yorkshire and North East Regional Advisory Group of the London Stock Exchange. He is also a regular speaker at events on quoted company issues. Brady is advising Instem’s chief executive Phil Reason and his team.Reason, 48, has developed a number of IT businesses in the life science and nuclear industries, through internal company growth and via acquisitions. center_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryNoteabley25 Funny Notes Written By StrangersNoteableyTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comBeach RaiderMom Belly Keeps Growing, Doctor Sees Scan And Calls CopsBeach Raider Show Comments ▼ Share KCS-content last_img