Financials
By Ikaba Koyi
Date: Tuesday 21 Nov 2017
LONDON (ShareCast) - (ShareCast News) - NetScientific, the transatlantic healthcare IP commercialisation group, has today announced that ProAxsis, its portfolio company in which it holds a 57% stake, is forecasting higher direct sales of its ProteaseTag Active Neutrophil Elastase Immunoassay.
ProAxsis said it expected its NEIA sales to increase three-fold in the second half of 2017 versus the first six months of the year with total revenue expected to surpass £1m in 2018.
Commenting on the news, Francois Martelet, chief executive officer of NetScientific and Chairman of ProAxsis, said: "We are pleased to see signs of rapid market adoption of the CE marked NEIA test which uses ProAxsis' market leading ProteaseTag® technology. We are especially encouraged to see the acceleration of sales through a combination of repeat orders and new customers from leading research institutions across Europe and the US. We expect 2018 to be a pivotal year for ProAxsis with further planned product launches and potential industry partnerships as value inflection points."
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Currency | UK Pounds |
Share Price | 69.00p |
Change Today | 3.50p |
% Change | 5.34 % |
52 Week High | 72.00 |
52 Week Low | 49.00 |
Volume | 48,457 |
Shares Issued | 23.95m |
Market Cap | £16.52m |
RiskGrade | 410 |
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No dividends found |
Time | Volume / Share Price |
14:37 | 5,000 @ 68.31p |
12:07 | 1,623 @ 68.26p |
12:07 | 44 @ 68.00p |
12:07 | 5,000 @ 69.36p |
12:03 | 5,000 @ 70.00p |
CEO | Ilian Iliev |
CFO | Stephen Crowe |
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