DeepMatter Group PLC Co-distribution agreement with Elemental Machines
11 3월 2021 - 4:00PM
RNS Non-Regulatory
TIDMDMTR
DeepMatter Group PLC
11 March 2021
11 March 2021
DeepMatter Group plc
("DeepMatter", the "Company" or "the Group")
DeepMatter signs co-distribution agreement with Elemental
Machines
Providing expanded marketing footprint in the US
DeepMatter Group plc, the AIM-quoted company focusing on
digitising chemistry, is pleased to announce it has signed a
co-distribution agreement with Elemental Machines, the US based
organisation helping biotechnology and pharmaceutical companies
identify research problems through its sensor-based products.
This agreement will see Elemental Machines promote DeepMatter's
integrated software, hardware and artificial intelligence enabled
platform, DigitalGlassware(R), to its wide network of small and
mid-size biotech North American customers through its sales team,
presenting the Group with the opportunity to broaden its customer
base and help establish sales opportunities across North America
with organisations in the pharmaceutical and biotechnology sectors.
DeepMatter will promote Elemental Machines' sensor-based products
to its established European network who are interested in a wider
sphere of real-time digital inputs for monitoring their laboratory
environment, thereby expanding the number of laboratory devices
which can integrate with the DigitalGlassware(R) platform.
Founded in 2015 by serial entrepreneur Sridhar Iyengar,
Elemental Machines aims to enable reproducibility among the life
sciences by using sensory equipment to gather and assess critical
variables in the laboratory that can influence the result of an
experiment. Their platform empowers LabOps Professionals to
proactively run their labs. It currently works with over 200
customers, primarily in North America.
Mark Warne, CEO of DeepMatter, commented: "Elemental Machines is
an organisation which shares our values of innovation and the
pursuit of scientific discovery, and we're pleased to be advancing
these with this collaboration. Importantly, this co-distribution
agreement provides us with the capability to cast a wider net in
North America, and we are very much looking forward to working with
Elemental Machines as we capitalise upon this opportunity."
Sridhar Iyengar, CEO of Elemental Machines said: "Like Elemental
Machines, DeepMatter is another organisation which recognises the
enormous potential for the digitisation of chemistry. We believe
that DigitalGlassware(R) is the most effective tool in the market
for solving the reproducibility problem and the product offering
will resonate well with our customer base.
"With both our customers set to benefit from the additional
offerings we can now present, I look forward to seeing the
difference we can make together in building labs fit for the
future."
For more information, please contact:
DeepMatter Group plc T: 0141 548 8156
Mark Warne, Chief Executive Officer
Canaccord Genuity Limited (Nominated Advisor
and Broker) T: 020 7523 8000
Bobbie Hilliam / Angelos Vlatakis
Alma PR T: 020 3405 0205
Caroline Forde / Harriet Jackson / Kieran deepmatter@almapr.co.uk
Breheny / Faye Calow
About DeepMatter Group plc
DeepMatter's long term strategy is to integrate chemistry with
technology, thereby enabling a greater use of artificial
intelligence and reaching a point where chemicals can be
autonomously synthesised through robotics. It has developed and is
commercialising data rich platform technologies, including software
and laboratory hardware, focused on applications to improve R&D
productivity and discovery using Machine Learning / Artificial
Intelligence.
DeepMatter's technologies allow chemistry experiments to be
accurately and systematically recorded, coded and entered into a
shared data cloud. They are designed to enable chemists to work
together effectively; sharing the details of their experiments from
anywhere and in real-time, so that work is not needlessly
duplicated, time and money wasted, and ultimately so new
discoveries may be made faster.
Visit: www.deepmatter.io and follow @deepmattergroup
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