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Instem secures US$750,000 contract with Fortune 500 heavyweight

Phil Reason, chief executive of Instem Plc (LON:INS), tells Proactive Investors a Fortune 500 medical products and pharma company has adopted its Samarind Regulatory Management System.

The deal is worth an initial US$750,000, with 80% of that sum being recognised this year, and brings with it recurring annual revenues of US$169,000.

 
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