Business
GCLP Accreditation and Trading Update
GCLP Accreditation and Trading Update.
About this update from Proteome Sciences Plc
[{"type":"text","content":"\n \nRNS Number : 8705T Proteome Sciences PLC 18 October 2017 \n\n \n18 October 2017 \n \n \nProteome Sciences plc\n(\"Proteome Sciences\" or the \"Company\")\n \n \nGCLP Accreditation and Trading Update\n \n \nThe Company is pleased to announce the receipt of Good Clinical Laboratory Practice (GCLP) accreditation which will now enable it to compete effectively for clinical stage contracts commanding routinely larger budgets; the benefits of this should start being reflected early in 2018.\n \nAs highlighted in the interim results for the six months to 30 June 2017, the Company has over the last year implemented a thorough review of its operations with a focus on securing commercial success for its proteomic services through operational efficiencies and cost containment. Subsequent changes, including the recent engagement of United BioChannels as sales agent in the US, have fundamentally altered the approach to customers resulting in an improved deal pipeline both in terms of the types of projects and the breadth of potential clients. Demand for TMT® reagents has remained very high throughout the period and continuing good performance is expected from the exclusive collaboration with Thermo Scientific.\n \nThe Company continues to make solid progress but has experienced slower adoption of its established proteomic services than pre...