Instem plc US Government Contract (3281D)
April 26 2017 - 1:01AM
UK Regulatory
TIDMINS
RNS Number : 3281D
Instem plc
26 April 2017
Instem plc ("Instem")
US Government Contract
Further to the statement in the preliminary results announced on
28(th) March, the Company's auditors have confirmed that the
accounting treatment for the contract with the US National
Institute of Environmental Health Sciences (NIEHS) awarded in early
2017 will be to recognise the contract revenues and profits in the
current year. This is consistent with the accounting treatment
assumed in current market expectations.
For further information, please contact:
Instem plc Tel: +44 (0) 1785 825
600
Phil Reason, CEO www.instem.com
Nigel Goldsmith, CFO
N+1 Singer (Nominated Tel: +44 (0) 20 7496 3000
Adviser & Broker)
Richard Lindley
Nick Owen
Walbrook PR Ltd Tel: +44 (0) 20 7933 8780
or
Paul Cornelius instem@walbrookpr.com
Helen Cresswell
Sam Allen
Paul Whittington
About Instem
Instem is a leading supplier of IT applications and services to
the early development healthcare market delivering compelling
solutions for data collection, analysis and regulatory submissions
management. Instem solutions are in use by customers worldwide,
meeting the rapidly expanding needs of life science and healthcare
organisations for data-driven decision making leading to safer,
more effective products.
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 supports over 500 clients through offices in the United
States, United Kingdom, France, Japan, China and India.
To learn more about Instem solutions and its mission, please
visit www.instem.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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