Venn Life Sciences Holdings PLC Contracts for EUR4.1m with US Biotech client (7804I)
30 Mars 2015 - 8:01AM
UK Regulatory
TIDMVENN
RNS Number : 7804I
Venn Life Sciences Holdings PLC
30 March 2015
30 March 2015
Venn Life Sciences Holdings Plc
("Venn" or the "Company" or the "Group")
Contracts worth EUR4.1m signed with US Biotech client
Venn Life Sciences (AIM: VENN), a growing Clinical Research
Organisation (CRO) providing clinical trial management and
resourcing solutions to pharmaceutical, biotechnology and medical
device clients, announces today the signing of new contracts worth
over EUR4.1m with a leading US based Biotechnology client.
The deals are an extension of an existing contract which has
doubled in size and the award of a new clinical trial to the value
of EUR2.7m. These Phase II clinical trials, that evaluate the
efficacy of a pioneering drug in the areas of Oncological
hematology and Respiratory, will run over 24 months in multiple
European and US sites. Venn has extensive experience in the
management of Phase II trials with a history of over 25 years
running studies throughout Europe.
Speaking about the agreement, Venn CEO, Tony Richardson stated:
"The signing of these contracts is a compliment to all the team at
Venn who have been diligently working with this client since last
year. It reinforces our commitment to consistently deliver
excellent international services and our ability to win larger
projects from global clients. We are clearly seeing tangible
results from our key investments over the course of 2014."
Enquiries:
Venn Life Sciences Holdings www.vennlifesciences.com
Plc
Tony Richardson, Chief Executive Tel: +353 154 99 341
Officer
Orla Mc Guinness, Marketing Tel: +33 676 93 11 78
Manager
Zeus Capital (Nominated Adviser Tel: 0161 831 1512
and Broker)
Ross Andrews/Andrew Jones
Alex Davies Tel: 020 7533 7727
Walbrook PR Ltd Tel: +44 (0)20 7933 8780
or venn@walbrookpr.com
Paul McManus Mob: +44 (0)7980 541 893
Lianne Cawthorne Mob: +44 (0)7584 391 303
About Venn Life Sciences Limited:
Venn Life Sciences is a Clinical Research Organisation providing
clinical trial management and resourcing solutions to
pharmaceutical, biotechnology and medical device organisations.
With dedicated operations in France, Germany, the Netherlands, the
UK, Ireland and Europe wide representation - Venn specialises in
rapid deployment and management of multisite projects. Venn
recently established an innovation division - Innovenn - focused
primarily on breakthrough development opportunities in Skin
Science.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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