Microsaic Systems (MSYS)

Sector:

Electronic and Electrical Equipment

Index:

FTSE AIM All-Share

 0.75p
   
  • Change Today:
      0.000p
  • 52 Week High: 1.95
  • 52 Week Low: 0.35
  • Currency: UK Pounds
  • Shares Issued: 456.37m
  • Volume: 4,750,050
  • Market Cap: £3.42m

Microsaic Systems announces bioprocessing partnership

By Duncan Ferris

Date: Monday 16 Dec 2019

LONDON (ShareCast) - (Sharecast News) - Microsaic Systems on Monday partnered with the Centre for Process Innovation (CPI) to use its UK biotherapeutics facility to investigate the potential use of mass spectrometry (MS) instruments in bioprocessing.
From January, the AIM traded company will begin a 12 month programme that is intended to deliver an on-line, and real-time method for bioreactor chemical analysis and control.

Microsaic said its point-of-need MS detector will be integrated with "closed-loop" software to control the overall system and provide data analytics and continuous, real-time control of the biomanufacturing process.

The company added that, as the biomanufacturing industry has become subject to increasing demands from regulatory agencies, it was confident that its MS-based solution could help businesses satisfy new requirements.

Chief executive Glenn Tracey said: "We are very pleased to be working with the CPI on this project, which brings together our combined expertise in analytical instrumentation and biologics manufacturing. Importantly, we are not aware of any other technology which can measure simultaneously small and large molecules in-situ, enabling real-time bioreactor control within a closed loop system."

Tracey added that market and customer feedback had reassured him that the company's offering was ahead of all others in the field.

Microsaic Systems shares were up by 5.14% at 1.12p at 1435 GMT.

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MSYS Market Data

Currency UK Pounds
Share Price 0.75p
Change Today 0.000p
% Change 0.00 %
52 Week High 1.95
52 Week Low 0.35
Volume 4,750,050
Shares Issued 456.37m
Market Cap £3.42m

MSYS Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
0.23% above the market average0.23% above the market average0.23% above the market average0.23% above the market average0.23% above the market average
36.84% above the sector average36.84% above the sector average36.84% above the sector average36.84% above the sector average36.84% above the sector average
Price Trend
44.54% below the market average44.54% below the market average44.54% below the market average44.54% below the market average44.54% below the market average
65% below the sector average65% below the sector average65% below the sector average65% below the sector average65% below the sector average
Income Not Available
Growth
48.73% above the market average48.73% above the market average48.73% above the market average48.73% above the market average48.73% above the market average
51.35% above the sector average51.35% above the sector average51.35% above the sector average51.35% above the sector average51.35% above the sector average

MSYS Dividends

No dividends found

Trades for 26-May-2020

Time Volume / Share Price
13:13 150,000 @ 0.74p
13:13 300,000 @ 0.74p
13:12 100,000 @ 0.69p
13:12 150,000 @ 0.69p
13:08 250,000 @ 0.75p

MSYS Key Personnel

CEO Glenn Tracey
Finance Director Bevan Metcalf

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