Proteome Sciences (PRM)

Sector:

Pharma and Biotech

Index:

FTSE AIM All-Share

3.60p
   
  • Change Today:
    -0.55p
  • 52 Week High: 8.50
  • 52 Week Low: 2.97
  • Currency: UK Pounds
  • Shares Issued: 295.18m
  • Volume: 452,169
  • Market Cap: £10.63m
  • RiskGrade: 353

Proteome launches San Diego lab operations

By Josh White

Date: Tuesday 02 Jan 2024

LONDON (ShareCast) - (Sharecast News) - Proteomics services provider Proteome Sciences announced the installation and start of operations at its new laboratory in San Diego, California, on Tuesday.
The AIM-traded firm said the facility has the latest generation Orbitrap Ascend Tribrid mass spectrometry and automated sample preparation platforms.

Situated in one of the largest biotech hubs in the US, the laboratory was strategically located to meet the increasing demand from US-based clients seeking proteomics solutions for drug development initiatives, the board explained.

It noted that the San Diego biotech hub had seen significant investments totalling $17.2bn and received $6bn in funding from the US National Institute of Health in the 2023 financial year.

Proteome said the new laboratory eliminated the need to transport samples internationally, making its services more appealing to customers, including pharmaceutical companies and academic institutions.

"I am delighted that we are able to open our doors to serve arguably the world's largest biotechnology hub in California," said Dr Ian Pike, president of Proteome Sciences US.

"Providing easier access to our US customers and with innovations including TMTpro 32plex and single cell proteomics (SCP), delivered from both our dedicated laboratories in the US and Europe we are well set to continue our leading role in provision of tools, assays and services in proteomics research as it grows in importance to enhance pharmaceutical research and drug development."

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

PRM Market Data

Currency UK Pounds
Share Price 3.60p
Change Today -0.55p
% Change -13.25 %
52 Week High 8.50
52 Week Low 2.97
Volume 452,169
Shares Issued 295.18m
Market Cap £10.63m
RiskGrade 353

PRM Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
14% below the market average14% below the market average14% below the market average14% below the market average14% below the market average
52.94% above the sector average52.94% above the sector average52.94% above the sector average52.94% above the sector average52.94% above the sector average
Price Trend
44.83% below the market average44.83% below the market average44.83% below the market average44.83% below the market average44.83% below the market average
25.00% above the sector average25.00% above the sector average25.00% above the sector average25.00% above the sector average25.00% above the sector average
Income Not Available
Growth
45.45% above the market average45.45% above the market average45.45% above the market average45.45% above the market average45.45% above the market average
88.89% above the sector average88.89% above the sector average88.89% above the sector average88.89% above the sector average88.89% above the sector average

PRM Dividends

No dividends found

Trades for 29-Apr-2024

Time Volume / Share Price
16:14 250,000 @ 3.50p
15:28 27,900 @ 3.35p
15:03 6,632 @ 3.92p
14:26 154,536 @ 3.88p
13:34 500 @ 3.35p

PRM Key Personnel

CFO Abdelghani Omari

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