Inactive Instrument

DeepMatter Group Plc

CRON

GB00B29YYY86

DeepMatter Group Plc Signs Multi-Year License Agreement with Merck

October 26, 2022 at 07:00 am

DeepMatter Group Plc has signed a multiyear database license agreement with Merck, operating across Healthcare, Life Science and Electronics. Pursuant to the agreement, DeepMatter will licence to the Life Science business sector of Merck certain proprietary data for machine learning-based applications. The terms of the agreement were not disclosed.

Latest news about DeepMatter Group Plc

DeepMatter Group delists from London's AIM	05/01/23	AN
UK shareholder meetings calendar - next 7 days	16/12/22	AN
UK shareholder meetings calendar - next 7 days	15/12/22	AN
UK shareholder meetings calendar - next 7 days	14/12/22	AN
UK shareholder meetings calendar - next 7 days	13/12/22	AN
UK shareholder meetings calendar - next 7 days	12/12/22	AN
FTSE 100 Closes Down 0.2% Amid Drop in Oil-Related Stocks	01/12/22	DJ
DeepMatter proposes AIM share cancellation, launches fundraise	01/12/22	AN
Sterling Rises Further Vs Dollar But Depends on US Data	01/12/22	DJ
UK July 2051 Gilt Likely to Outperform Over Next Few Weeks	01/12/22	DJ
FTSE 100 Edges Higher on Powell's Rate Path Signal	01/12/22	DJ
Decline in UK House Prices Has Further to Run, Says Pantheon	01/12/22	DJ
FTSE to Extend Gains on Powell Rate Outlook	01/12/22	DJ
DeepMatter Plans Delisting From London's AIM To Go Private	01/12/22	MT
DeepMatter Group Plc announced that it expects to receive £1 million in funding	30/11/22	CI
AIM WINNERS & LOSERS: UOG well disappoints; Arkle finds pegmatites	24/11/22	AN
DeepMatter eyes delisting; sees better capital chances as private firm	24/11/22	AN
LONDON MARKET OPEN: Mid and small caps outperform	24/11/22	AN
DeepMatter Group Mulls London Delisting Under Proposed $1 Million Capital Raise	24/11/22	MT
DeepMatter Group in Discussions with Its Major Shareholders and Potential Institutional Investors in Relation to Securing Capital	24/11/22	CI
FTSE 100 Closes Up 0.6% as Miners Climb	26/10/22	DJ
DeepMatter expects revenue to rise as signs deal with Germany's Merck	26/10/22	AN
FTSE 100 Flat as Traders Weigh Mixed Earnings	26/10/22	DJ
Pound Could Recover Further Vs Dollar if Risk Appetite Improves	26/10/22	DJ
DeepMatter Group plc Provides Revenue Guidance for the Financial Year 2022	26/10/22	CI

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Company Profile

DeepMatter Group Plc is a United Kingdom based big data and analysis company. The Company is engaged in building and commercializing data platforms, to enable scientists to easily perform and optimize chemical reactions, by increasingly integrating chemistry with technology. It operates through three subsidiaries, InfoChem GmbH (InfoChem), DeepMatter Limited (DML) and OpenIOLabs Limited (OpenIOLabs). It operates through two segments: DeepMatter and InfoChem. DeepMatter segment includes both the Company's investment in DML and in OpenIOLabs as the technology platform. The cash generating units of InfoChem encompasses the trade of InfoChem segment. The value-in-use calculations in respect of InfoChem use cash flow projections based on financial budgets covers a five-year period. Cash flows beyond the five-year period is extrapolated using a multiplier of 10. Its products portfolio includes DigitalGlassware, synthesis & reaction prediction, information extraction and cheminformatics.

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