Instem plc
("Instem", the "Group" or the "Company")
Announcement re: full year results for the year ended 31 December 2021
Instem plc (AIM: INS), a leading provider of IT solutions to the global life sciences market, announces that, at a late stage yesterday evening, the Company's auditors requested further time to complete their work ahead of release of the Company's results for the year ended 31 December 2021 ("FY21"). The results were due to be announced at 07.00am today. The Company understands that the work to be completed is of a routine nature and, accordingly, there will now be a short delay prior to release of the FY21 results.
The Company will provide further updates as appropriate.
For further information, please contact:
| Instem plc | Via Walbrook |
| Phil Reason, CEO | |
| Nigel Goldsmith, CFO | |
| | |
| Singer Capital Markets (Nominated Adviser & Joint Broker) | +44 (0) 20 7496 3000 |
| Peter Steel | |
| | |
| Stifel Nicolaus Europe Limited (Joint Broker) | +44 (0)20 7710 7600 |
| Ben Maddison | |
| Alex Price | |
| | |
| Walbrook Financial PR | +44 (0) 20 7933 8780 |
| Tom Cooper | instem@walbrookpr.com |
| Nick Rome | |
| Nicholas Johnson | |
About Instem
Instem is a leading provider of IT solutions & services to the life sciences market delivering compelling solutions for Study Management Regulatory Submissions, Clinical Trial Acceleration, and Informatics-based Insight Generation.
Instem solutions are in use by over 700 customers worldwide, including all the largest 25 pharmaceutical companies, enabling clients to bring life enhancing products to market faster. Instem's portfolio of software solutions increases client productivity by automating study-related processes while offering the unique ability to generate new knowledge through the extraction and harmonisation of actionable scientific information.
Instem products and services address aspects of the entire drug development value chain, from discovery through to market launch. Management estimate that over 50% of all drugs on the market have been through some part of Instem's platform at some stage of their development.
To learn more about Instem solutions and its mission, please visit www.instem.com
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