Retroscreen Virology Group PLC Contract Win (1590P)
22 Octobre 2012 - 8:00AM
UK Regulatory
TIDMRVG
RNS Number : 1590P
Retroscreen Virology Group PLC
22 October 2012
For immediate release 07.00: 22 October 2012
RETROSCREEN VIROLOGY GROUP PLC
("Retroscreen" or the "Company")
CONTRACT WIN
Retroscreen Virology Group plc (AIM: RVG), the viral challenge
and "Virometrics" specialist, is pleased to announce the signing of
a Viral Challenge Model ("VCM") contract with a major global
pharmaceutical company for the provision of a respiratory syncytial
virus (RSV) challenge study. The contract, valued at GBP5.9m, will
be the largest RSV challenge study conducted by Retroscreen
to-date.
Kym Denny, Chief Executive Officer, commented, "We are delighted
to be working with such an innovative pharmaceutical company on the
development of their novel product. This contract win comes from
the building momentum of Retroscreen's sales pipeline and
highlights the pharmaceutical industry's increasing awareness of
the benefits of the VCM in accelerating drug development and
product decision-making."
For further information please contact:
Retroscreen Virology Group plc +44 207 756 1300
Kym Denny (CEO)
Graham Yeatman (FD)
Numis Securities Limited +44 207 260 1000
Michael Meade / Freddie Barnfield (Nominated Adviser)
James Black / Michael Burke (Corporate Broking)
This information is provided by RNS
The company news service from the London Stock Exchange
END
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