Technology
Instem plc
Analysts
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Company Description
Instem is a leading provider of IT solutions & services to the life sciences market. Instem's software enables its customers (mainly pharmaceutical companies) to bring their life-enhancing drugs to market faster.
Investment Summary
Instem came to market in 2010 with a compelling story based on dominance of a niche market, good recurring revenues and strong cash generation. In our view, the group has a strong track record of delivery, and the favourable market backdrop gives further confidence in the growth story.
Recent Content
FY21 Strong financial performance, strategic transformation
26/04/2022
Instem has reported FY21 results consistent with the January trading statement and in line with our forecasts. Despite […]
Bringing drugs to market faster
25/02/2022
Instem offers an opportunity to invest in a business with two specific attractions – (1) The group is […]
Trading in-line, all key metrics improving
26/01/2022
Instem has delivered a positive trading update for the year to 31 December 2021, reporting like-for-like (LFL) revenue […]
Strong organic and acquisitive growth
29/09/2021
Instem has once again delivered a strong set of interim results in our view, with the growth story […]
A strategic move in Switzerland
01/09/2021
Instem has announced the (earnings enhancing) acquisition of PDS Pathology Data Systems Ltd (“PDS”) a Swiss-based life sciences […]
H1 21 trading: strength across the board
19/07/2021
Instem’s update for the six months to 30 June 2021 (H1 21E) confirms that trading was in line […]
FY 20A: Solid growth, despite COVID-19
12/04/2021
Instem has reported FY 20A results consistent with its Jan-21 trading statement and in line with our forecasts. […]
Transformational deal in clinical trial analysis
22/03/2021
Instem has announced that it has exchanged contracts to acquire d-Wise Technologies Inc (“d-wise”) a US-based clinical trial […]
Strengthening the position in Discovery
01/03/2021
Instem has announced the (earnings enhancing) acquisition of UK-based Discovery software solutions provider The Edge Software Consultancy Ltd […]
Company Management Team
Phil Reason
Chief Executive Officer
Phil has been leading Instem as CEO since 1995, working closely with the Instem Board, investors, management, clients, partners and staff to grow the business from a single product line with fifteen clients to serving hundreds of customers as the global market leader across a wide area of life sciences R&D. Passionate about Instem’s ability to support clients in introducing transformational approaches for life changing therapies, Phil has been a vocal advocate of long-term partnerships, innovative organic growth, geographic expansion and the acquisitive consolidation of the fragmented IT supplier community. Under Phil’s leadership Instem has completed the strategic acquisition of 7 companies, has opened new offices in the US, UK, China, and India and has completed a UK-based IPO in 2010.
Nigel Goldsmith
Chief Financial Officer
Nigel joined Instem in November of 2011 and possesses a wealth of experience in senior financial roles at both public and private companies within the life sciences industry. Prior to Instem, Nigel was Finance Director for 3 years at the AIM listed, pharmaceutical and medical devices company, IS Pharma plc. He also held the position of CFO for 7 years at Almedica International Inc., a privately held supplier of clinical trial materials to the global pharmaceutical and biotech markets and 2 years as European Controller for the sales and marketing division of laboratory equipment manufacturer, Life Sciences International plc. Prior to entering industry, Nigel spent over 9 years at KPMG and is a qualified Chartered Accountant.
