Cronin Group PLC Second Pioneer Agreement Signed (3889L)
April 19 2018 - 1:00AM
UK Regulatory
TIDMCRON
RNS Number : 3889L
Cronin Group PLC
19 April 2018
19 April 2018
Cronin Group Plc
("Cronin" or the "Company")
Second Pioneer Agreement Signed
The Company enters a Pioneer Agreement with another Industrial
Partner
Cronin Group, the AIM listed company focusing on digitizing
chemistry, announces that it has now entered into a second
agreement for its DigitalGlassware(TM) Pioneer Programme, further
to its previous announcement on 6th February 2018 that it had
signed Memoranda of Understanding ("MoUs") with leading
international life science reagent and chemicals manufacturers.
The Company's DigitalGlassware(TM) platform, comprising a
powerful and easy-to-use software interface with a unique, low
footprint sensor array, collects, stores and processes data
generated from chemical experiments and allows access to
reproducible chemistry via internet protocols. Data analysis need
not just be performed retrospectively, but in real-time and
a-priori, delivering back to the users, data which when combined
with artificial intelligence and machine learning technologies, has
the potential to dramatically increase reproducibility and provide
unique insights.
Cronin has identified a select number of leading companies and
institutions involved in the field of chemistry to participate in
its pioneer programme. The purpose of the programme is to trial the
Company's technology with the full range of target users, allowing
the Company to observe its performance in different operating
environments and locations worldwide. These observations will
contribute towards future technology optimisation, prior to wider
dissemination to target users. The Pioneer companies will also
assess the performance of the DigitalGlassware(TM) platform,
specifically to understand how it can help improve the outcomes of
chemical processes, including precision and reproducibility, with
an eye to how the technology can help in discovering/enabling new
synthetic routes and chemical entities.
For further information:
Cronin Group Plc www.croningroupplc.com
Mark Warne, Executive Chairman T: 0141 465 6871
Stockdale Securities Limited T: 020 7601 6100
Tom Griffiths/Edward Thomas
This information is provided by RNS
The company news service from the London Stock Exchange
END
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April 19, 2018 02:00 ET (06:00 GMT)
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