Shares of Microsaic Systems (LON: MSYS) have rallied Wednesday after the company told investors it has rolled out its compact Mass Spectrometry (MS) technology.
The technology is integrated with autosampler and separation technology, wrapped in closed-loop (automated) control software, for use in the scale-up and operation of drug manufacturing.
The monitoring solutions are targeted at contract research and manufacturing organisations, integration partners, and biopharmaceutical companies that manufacture vaccines, therapeutics for major diseases.
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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Microsaic said the solutions can reduce manufacturing scale-up time and costs, improve quality and reduce the cost of drug manufacture while increasing the throughput from discovery and development and the number of approved drugs able to reach the market in the shortest time possible.
“This extension to our range of MS equipment and solutions to cover biologic molecules, alongside other gains in detection sensitivity, immediately widens the opportunities for revenues from multiple sectors in biopharmaceuticals, healthcare and environmental industries. We expect workflow service and installations to begin in H1 2022,” said Glenn Tracey, CEO of Microsaic.
Microsaic shares are currently up 2.86% at 0.18p after initially hitting a high of 0.2p at the start of the session. Microsaic Systems shares rallied in September after announcing the signing of an agreement with Jiangsu Henzhihe Technologies (HZH).
Should you invest in Microsaic Systems shares?
Microsaic Systems shares are traded on the London stock exchange’s AIM market (the alternative investment market), which is the submarket specifically for smaller companies. AIM stocks are attractive to investors as they have tax advantages and smaller companies have the potential to benefit from rapid growth. But are Microsaic shares the best buy? Our stock market analysts regularly review the market and share their picks for high growth companies
