17th Jul 2015 11:17
LONDON (Alliance News) - Proteome Sciences PLC said Friday that with its current "buoyant background and good pipeline" it expects to see strong growth in revenue, and newsflow, into 2016.
In a statement at its annual general meeting the biotechnology company said its core businesses are performing well, and it continues to see a big increase in demand for its biomarker services. It has secured four further contracts for its SysQuant assay tool since its reported its full year results in May.
The company said that its facilities are running at full capacity in 2015, and the process is underway to add further mass spectrometry equipment and output in the second half of its current financial year to satisfy this demand and increase the scale of its biomarker services division.
Shares in Proteome are trading up 13.2% at 22.50 pence Friday afternoon.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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