NetScientific (NSCI)

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62.50p
   
  • Change Today:
    -0.50p
  • 52 Week High: 76.50
  • 52 Week Low: 49.00
  • Currency: UK Pounds
  • Shares Issued: 23.95m
  • Volume: 29,011
  • Market Cap: £14.97m
  • RiskGrade: 410

NetScientific's Vortex Biosciences won licence to four patents from Harvard

By Maryam Cockar

Date: Wednesday 03 Aug 2016

LONDON (ShareCast) - (ShareCast News) - Biomedical and healthcare technology company NetScientific's portfolio business, Vortex Biosciences, won a license to four patents from Harvard University.
The patents cover novel cell electroporation technology (CTC), which Vortex will combine with its CTC enrichment technology to offer rapid CTC bioassays. Vortex introduced VTX-, a fully automated benchtop system for collecting intact CTCs using microfluidic technology, earlier in the year.

NetScientific's chief executive Francois R. Martelet, said: "Vortex Biosciences' VTX-1 system, introduced earlier this year, already offers one of the most sophisticated ways to collect and analyse CTCs.

"The exclusive license of these new patents from a world leading research institution will significantly increase the ability of Vortex's technology to characterise CTCs and strengthen its ability to analyse the underlying drivers of a patient's disease as the VTX-1 moves towards commercialisation."

Vortex chief executive Gene Walther said the company was already developing a next generation system for CTC enrichment and characterisation intended to help make personal medicine a reality.

Walther added:"The combination of our CTC enrichment technology and the electroporation technology developed at Harvard will lead to a powerful solution for characterizing CTCs and ultimately a better understanding how to treat a patient's disease."

Shares in AIM-listed NetScientific were up 5.04% to 73p at close.

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NetScientific Market Data

Currency UK Pounds
Share Price 62.50p
Change Today -0.50p
% Change -0.79 %
52 Week High 76.50
52 Week Low 49.00
Volume 29,011
Shares Issued 23.95m
Market Cap £14.97m
RiskGrade 410

NetScientific Star Ratings

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40.49% above the market average40.49% above the market average40.49% above the market average40.49% above the market average40.49% above the market average
25.93% above the sector average25.93% above the sector average25.93% above the sector average25.93% above the sector average25.93% above the sector average
Price Trend
1.27% above the market average1.27% above the market average1.27% above the market average1.27% above the market average1.27% above the market average
1.72% above the sector average1.72% above the sector average1.72% above the sector average1.72% above the sector average1.72% above the sector average
Income Not Available
Growth
53.66% above the market average53.66% above the market average53.66% above the market average53.66% above the market average53.66% above the market average
55.96% above the sector average55.96% above the sector average55.96% above the sector average55.96% above the sector average55.96% above the sector average

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15:34 8,090 @ 61.80p
15:03 3,340 @ 61.00p
14:24 800 @ 61.41p
14:23 800 @ 61.41p
10:02 14,530 @ 61.00p

NetScientific Key Personnel

CEO Ilian Iliev
CFO Stephen Crowe

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