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Liminal BioSciences Inc. LMNL

Liminal BioSciences is a biopharmaceutical company focused on the discovery and development of novel, small molecule drug candidates for the treatment of patients suffering from fibrotic or inflammatory diseases that have a high unmet medical need. Liminal BioSciences operates on an integrated basis from our talent hubs in Laval, Quebec, Canada, and Cambridge, UK. Our common shares are listed for trading on the Nasdaq Global Market.


NDAQ:LMNL - Post by User

Bullboard Posts
Post by MYSTICALon Feb 12, 2015 9:26am
188 Views
Post# 23421385

ProMetic Receives $11.4 Million Purchase Order from Multinat

ProMetic Receives $11.4 Million Purchase Order from MultinatLAVAL, QUEBEC, Feb 12, 2015 (Marketwired via COMTEX) -- ProMetic Life Sciences Inc. (PLI)(otcqx:PFSCF), ("ProMetic" or the "Corporation") announced today that it has received an $11.4 million purchase order for the supply of affinity resin from an existing client, a global leader in the biotherapeutics industry. This is the second purchase order resulting from the license and long-term supply agreement previously announced on July 8, 2013. The affinity resin will be manufactured by ProMetic at its Isle of Man facility and supplied to the client throughout the second half of 2015 and the first half of 2016. ProMetic's client will use the resin for large-scale purification of a therapeutic protein product manufactured in large quantities. "We are pleased to see the value and market advantages provided by our state of the art affinity purification products being recognized by some of the most reputable multinationals in the industry. The magnitude of this second purchase order clearly confirms the anticipated growth in demand for these products that we expect to see going forward", stated Dr. Steve Burton, PBL's Chief Executive Officer
Bullboard Posts