Instem shares surge on £203m takeover offer

30th Aug 2023 09:00

(Sharecast News) - Shares in Instem soared 40% on Wednesday morning after the life sciences software company received a £203m takeover offer from healthcare-focused investment firm ARCHIMED.

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Instem strikes five-year agreement with global CRO

2nd Sep 2022 07:45

(Sharecast News) - IT solutions provider Instem has struck a five-year agreement with a global contract research organisation worth over $12.0m that will see the group support over 2,000 users worldwide in the client's clinical trial analysis.

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Instem acquires life sciences software firm PDS Pathology Data Systems

1st Sep 2021 10:17

(Sharecast News) - IT solutions company Instem has acquired life sciences software firm PDS Pathology Data Systems for CHF 14.25m (£11.4m).

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Instem trades in line with expectations in first half

19th Jul 2021 13:49

(Sharecast News) - Life sciences information technology provider Instem updated the market on its first half on Monday, reporting that it performed "well" across all of its business, despite the ongoing backdrop of Covid-19.

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Instem H1 revenues grow despite Covid-19

20th Jul 2020 11:00

(Sharecast News) - IT solutions group Instem said on Monday that it has continued to perform well despite the wider backdrop and macro impact of the Covid-19 pandemic.

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Instem raising £15.75m in placing

26th Jun 2020 15:43

(Sharecast News) - Life sciences IT company Instem announced a proposed placing of new ordinary shares on Friday, to raise gross proceeds of around £15.75m.

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Instem wins contract with Korean research firm Biotoxtech

3rd Jun 2020 15:52

(Sharecast News) - Life sciences IT company Instem has won a contract with South Korea-based non-clinical contract research organisation Biotoxtech, it announced on Wednesday, worth around $1m (£0.8m).

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Instem revenues continue to grow as SaaS transition progresses

13th Jan 2020 11:37

(Sharecast News) - IT solutions provider Instem said on Monday that revenues had continued to grow during 2019 as a result of the group's pivot towards a more software-as-a-service based model.

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Instem profits climb as outsourced services revenue jumps

23rd Sep 2019 11:12

(Sharecast News) - Instem on Monday reported a jump in interim profits after booking double-digit revenue growth on the back of higher outsourced services and software as a service (SaaS) orders.

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Instem's profits soar on recurring revenue growth

1st Apr 2019 08:49

(Sharecast News) - Instem, the IT provider to the early development healthcare market, reported solid annual profit growth as experienced a "growing shift" towards recurring revenues.

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Instem climbs after 500% increase in SEND order value

22nd Jan 2019 11:30

(Sharecast News) - Instem rose on Tuesday after it reported that it finished the year in line with expectations following a 500% increase in total order values received for its SEND software.

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Instem breaks even after jump in orders

24th Sep 2018 08:13

(Sharecast News) - Life sciences software company Instem saw its shares climb on Monday after swinging to a first-half profit on the back of impressive order growth.

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Instem on track as SEND platform drives success

23rd Jul 2018 08:24

(Sharecast News) - Instem on Monday reported that trading in the first six months of the year was in line with expectations after an increase in orders and several new client wins.

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Instem faces setback at year end

16th Jan 2017 10:52

(ShareCast News) - Instem, an AIM-listed provider of IT solutions to the global early development healthcare market, reported a "strong" performance for the year ended 31 December 2016 but faced challenges with one of its divisions and contract delays. Revenues for the year increased by approximatel

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Instem appoints new COO

9th Jan 2017 15:31

(ShareCast News) - Instem, a provider of IT solutions to the global early development healthcare market, has appointed MaryBeth Thompson as chief operating officer with immediate effect. Thompson has not been appointed to the board but will report to chief executive Phil Reason. She has over 18

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