Change of Name

RNS Number : 8074V
Instem Life Science Systems plc
18 January 2012
 



18 January 2012

 

Instem plc

(formerly Instem Life Science Systems plc)

("Instem", or the "Company")

Change of Name

 

Instem Life Science Systems plc (AIM: INS.L), a leading provider of IT applications to the global early development healthcare market, announces that with effect from 13 January 2012, the Company has changed its name to Instem plc to simplify its corporate branding. The Company's ticker/ TIDM remains the same: INS.L. At the same time, BioWisdom Limited (acquired in March 2011) has been renamed Instem Scientific Limited.

 

For further information, please contact:

 

Instem plc

+44 (0) 1785 825600

Phil Reason, CEO


Nigel Goldsmith, CFO




Brewin Dolphin -  Nominated Adviser, Financial Adviser & Broker

+44 (0) 845 213 1000

Aubrey Powell


Luke Boyce




Newgate Threadneedle

+44 (0) 20 7653 9850

Caroline Evans-Jones


Fiona Conroy




 

About Instem plc

 

Instem (AIM:INS.L) is a leading supplier of IT solutions to the early development healthcare market. Instem's pre-clinical study management solutions accelerate drug and chemical development by increasing productivity, automating processes and enhancing practices that lead to safer and more effective drugs.

 

In March 2011 Instem acquired BioWisdom Limited, a leading provider of software solutions for extracting intelligence from R&D related healthcare data. The acquisition broadened and strengthened Instem's Centrus™ product suite, accelerating the product development roadmap.

 

Instem has over 130 customers in North America, Europe, China, India and Japan, including sixteen of the top twenty pharmaceutical and biotech companies such as GlaxoSmithKline and AstraZeneca. The Company employs over 110 people in six offices in the U.S, UK, and China; with additional resource locations in India and a full service distributor in Japan. It is estimated that approximately half of the world's pre-clinical drug safety data has been collected over the last 20 years via Instem software. 

 

To learn more about Instem please visit the Company's website, www.instem.com, or its investor centrehttp://investors.instem.com/.

 

 


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