DeepMatter Group PLC - company focusing on digitising chemistry - Reports pretax loss for the six months to the end of June of GBP1.2 million compared to GBP1.8 million a year earlier. Revenue fell to GBP536,000 from GBP215,000 the prior year. DeepMatter says during the period it entered into and continuing to progress a series of engagements with top ten pharma, life science providers, research and academic institutions and blue-chip technology partners. Going forward, the company says it is actively pursuing initiatives to increase sales and marketing footprint in the US, Europe and other geographies, such as India and China.
Current stock price: 1.92 pence
Year-to-date change: down 1.5%
By Evelina Grecenko; evelinagrecenko@alliancenews.com
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