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Prices & Quotes - UK Markets - Diaceutics (DXRX)

Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Share Price:
Down 105.00p
Change Today:
-1.50p
Market Cap:
88.27m
Sector:
Health Care Equipment & Services

Diaceutics secures multiple contracts with 'leading' pharma firms

By Iain Gilbert

Date: Thursday 24 Jun 2021

LONDON (ShareCast) - (Sharecast News) - Diagnostics commercialisation company Diaceutics has secured four contracts with two "leading pharmaceutical companies" to solve real-world testing hurdles for inherited retinal disease.
Diaceutics said on Thursday that the contracts, which demonstrates the applicability of its DXRX diagnostic commercialisation platform outside of its core area of oncology, will be delivered over the course of six months in 2021 across Europe, the UK, Asia-Pacific and the US.

The AIM-listed firm stated the projects were in partnership with existing pharmaceutical customers of the company and represented an expansion of its commercial relationship into a new therapy area, in line with its "land and expand" strategy.

Diaceutics also highlighted that contracts will deliver approximately 1.0m of revenues in 2021.

Chief executive Peter Keeling said: "These new project wins across a new disease area show the confidence that leading pharma companies have in Diaceutics and our considerable expansion opportunity.

"Through utilising the DXRX platform, alongside our advisory services, the projects can be delivered efficiently, at scale, across multiple geographies, bringing together all the segments in the precision medicine diagnostics market required to facilitate change and ensure patients get the right treatment at the right time."

As of 1015 BST, Diaceutics shares were up 0.63% at 128.80p.

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

 

Diaceutics Market Data

Currency UK Pounds
Price 105.00p
Change Today -1.50p
52 Week High 152.00p
52 Week Low 102.00p
Volume 5,038
Shares Issued 84.07m
Market Cap 88.27m
Beta 0.02

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Diaceutics Dividends

No dividends found

Trades for 01-Dec-2021

Time Volume / Share Price
15:22 600 @ 104.00p
11:48 4,411 @ 105.00p
11:47 27 @ 108.00p

Diaceutics Key Personnel

CEO Peter Keeling
CFO Philip Henry Hugh White