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Instem PLC

Instem's 'never been stronger' says CEO Phil Reason

Phil Reason, chief executive of Instem Plc (LON:INS), caught up with Proactive's Andrew Scott while in London to meet with some of the firm's customers.

Reason touched on their recently won two-year SEND (Standard for the Exchange of Nonclinical Data) outsourced services contract plus gave a quick run through of second-half trading.

He says the big priorities for them in 2018 include capitalising on the new regulation for SEND and continuing their focus on increasing recurring revenues.

Quick facts: Instem PLC

Price: £3.75

Market: AIM
Market Cap: £61.11 m
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Instem seeing all clients place orders as healthcare market stays buoyant

Phil Reason, chief executive of healthcare AI software group Instem PLC (LON:INS), says business was strong across all areas of the group in the first six months of 2019. Even a change from licences to a SaaS or pay-as you-use model has gone smoothly, he says, with cash inflows strong...

on 26/7/19

2 min read