Company
Instem PLC
LON:INS
Instem PLC is a leading provider of IT solutions & services to the life sciences market delivering compelling solutions for study management, regulatory submissions, clinical trial acceleration, and informatics-based insight generation. The company's solutions are in use by over 700 customers worldwide, including all of the largest 25 pharmaceutical companies, enabling clients to bring life enhancing products to market faster.
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Instem gets five approaches after agreeing Archimed deal
The shareholder meeting has been adjourned until 2 November
Instem builds recurring revenue base as market remains 'favourable’
"Our ability to increase revenues per client, add new clients as well as to increase recurring revenues underpins management's growth expectations in the current period and beyond,” said chief executive Phil Reason
Instem boosted by new business win
“This agreement marks a key juncture in our long-standing relationship with the client," said CEO Phil Reason
Instem revenues rise 39% as inflationary pressure partly offset by price rises
The life sciences research and development market was said to be “robust”, with continued demand for its services across the entire drug development value chain
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Instem on track to meet full-year expectations as SaaS transition gains momentum
"The board expects that full-year performance will be in line with expectations."
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Instem flags share sale
A total of 1.66mln shares are being sold to “to satisfy market demand and broaden the institutional investor base”