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Pre-Close Trading Update

30 Jul 2009 07:30

RNS Number : 5239W
Epistem Holdings plc
30 July 2009
 

For release: 30 July 2009

Epistem Plc ("Epistem" or "the Company")

 

Pre-Close Trading Update

 

Epistem Plc (AIM: EHP), the rapidly growing biotechnology company with adult epithelial stem cell expertise in oncology, gastrointestinal and dermatological diseases, announces a pre-close trading update ahead of its final results for the year ending 30th June 2009. 

Trading over the year has been strong and in line with market expectations and we expect to report a maiden profit after tax due in part to a prior year tax credit.

The Company expects to release its final results for the year ended 30th June 2009 on Tuesday 6th October 2009 and intends to hold an analyst meeting on the day.

For further information please contact: 

Epistem Plc 
 
Matthew Walls, Chief Executive Officer
+44 161 606 7258 
John Rylands, Chief Financial Officer
 
 
 
Piper Jaffray 
 
Nominated Adviser: Neil Mackison/James Steel
+44 203 142 8700
Corporate Broking: Jamie Adams
 
 
 
De Facto Communications 
 
Mike Wort/Anna Dunphy
+44 207 861 3838
 
 

Notes for Editors

Epistem is a biotechnology company commercialising its expertise in epithelial stem cells in the areas of oncology, gastrointestinal and dermatological diseases. Epistem develops innovative therapeutics and biomarkers and provides contract research services to drug development companies. The Group's expertise is focused on the regulation of adult stem cells located in epithelial tissue, which includes the gastrointestinal tract, skin, hair follicles, breast and prostate. Epistem does not conduct research in the areas of embryonic stem cells or stem cell transplantation.

This information is provided by RNS
The company news service from the London Stock Exchange
 
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