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Investegate |DeepMatter Group PLC Announcements | DeepMatter Group PLC: Collaboration with the University of Leeds

Investegate |DeepMatter Group PLC Announcements | DeepMatter Group PLC: Collaboration with the University of Leeds
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Chemistry-focused tech specialist DeepMatter Group sees revenues jump

The firm says half of the world’s top ten pharmaceutical organisations use its products. Picture: contributed. Aim-quoted DeepMatter also in the year saw a 300 per cent jump in the number of trials of its products, while user numbers leapt by nearly a fifth. Chief executive Mark Warne said: I am pleased to report that we achieved notable strategic successes and have entered 2021 in a strong position despite the uncertainty created in 2020 by the impact of Covid-19. We will continue to build on the momentum of the second half of 2020 in the current year with sales to the pharmaceutical industry and scientific publishers whilst targeting the [contract research organisation] and academic sectors who are proving to be the most successful early adopters of our platform.

Deepmatter Shares Rise on Agreement With Germany s Merck

Provided by Dow Jones By Adria Calatayud Shares in Deepmatter Group PLC rose Wednesday after the company said one of its subsidiaries has entered into a data-licensing agreement with Merck KGaA s life-science business. The agreement is to provide proprietary chemical structure and reaction data content to Merck, the U.K. science-technology company said. Terms of the agreement weren t disclosed. Shares in Deepmatter at 0842 GMT were up 15% at 2.70 pence. Write to Adria Calatayud at adria.calatayud@dowjones.com (END) Dow Jones Newswires Sponsor Center

Investegate |DeepMatter Group PLC Announcements | DeepMatter Group PLC: Price Monitoring Extension

The auction call period has been extended in this security by 5 minutes. Auction call extensions give London Stock Exchange electronic order book users a further opportunity to review the prices and sizes of orders entered in an individual security s auction call before the execution occurs. A price monitoring extension is activated when the matching process would have otherwise resulted in an execution price that is a pre-determined percentage above or below the price of the most recent automated execution today. The applicable percentage is set by reference to a security s Millennium Exchange sector. This is set out in the Sector Breakdown tab of the Parameters document at www.londonstockexchange.com/tradingservices

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