"It's been a rollercoaster ride for LSE:INS:Instem since it floated on AIM in 2010, but lessons have been learned and the business is in good shape following a restructuring last year. Current forecasts are potentially conservative, too, and there ..."
Artemis Aim VCT (Annual Financial Report for the year ended 30 September 2017) :-
Instem plc too has had a rocky twelve months. The Food and Drug Administration ("FDA") in the US has in recent years mandated the adoption of electronic regulatory submissions and Instem, as experts in the field, look well placed to benefit. The market however is still embryonic and in the meantime the more established early stage clinical business has seen trading deteriorate. We are confident that in time trading will improve but patience will be required
"I first spoke to LSE:INS:Instem early last year. The AIM-listed company was worth Â£22 million and demand for its software, which helps drug companies develop commercial drugs more efficiently, was picking up. I didn't write up the call for some ..."
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