Bioprogress is a stock I have been in and out of quite a few times since it floated in May but not much mention here on the Investors' Room. Does anyone else follow this stock. I see it is up 1.5p today and a few good buyers seem to have appeared.

BioProgress PLC
11 February 2005


Press Release 11 February 2005




BioProgress plc

("BioProgress" or "the Company")

New patent granted



BioProgress plc (AIM: BPRG; NASDAQ: BPRG), the provider of innovative delivery
mechanisms for the pharmaceutical oral dosage markets, announces today that
another of its pending patents has now been granted.



The patent relates to a new type of capsule configuration, where the walls of
the capsule are comprised of several layers of laminated film, each of which can
be designed to dissolve at a different rate or time. This means the capsule can
be specifically programmed to deliver its contents at a precise time or site in
the body or, for non ingestible applications to, for example, deliver the
capsule content at a precise time in a laundry or dishwasher cycle.



Graham Hind, Chief Executive Officer of BioProgress, said: "We have over eighty
patents in application or granted across a wide spectrum of applications for our
technologies. As more of our extensive patent application portfolio becomes
granted patents it increasingly strengthens our position in being able to offer
innovative, protected solutions that can add significant value to major global
brands and businesses. "

Looks very good, you wont need the likes of Asda to help you sell something like that. Just think of the other applications, especially medicene, treatments of stomach and bowel complaints would be better served, not that I have any!

Looking better this now.

Even more good news.


New patent granted
BioProgress plc (AIM: BPRG; NASDAQ: BPRG), the provider of innovative delivery mechanisms for the pharmaceutical oral dosage markets, announces today that another of its pending patents has now been granted in Europe.
The patent relates to a new type of capsule configuration, where the walls of the capsule are comprised of several layers of laminated film, each of which can be designed to dissolve at a different rate or time. This means the capsule can be specifically programmed to deliver its contents at a precise time or site in the body or, for non ingestible applications to, for example, deliver the capsule content at a precise time in a laundry or dishwasher cycle.
Graham Hind, Chief Executive Officer of BioProgress, said: We have over eighty patents in application or granted across a wide spectrum of applications for our technologies. As more of our extensive patent application portfolio becomes granted patents it increasingly strengthens our position in being able to offer innovative, protected solutions that can add significant value to major global brands and businesses.
Forward-Looking Information.
The Ordinary Shares of BioProgress plc are registered under the US Securities and Exchange Act of 1934. This announcement contains certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Actual results may vary materially from the expectations contained in the forward-looking statements. The forward-looking statements in this release include statements addressing future financial and operating results and the timing and benefits of the reorganisation. Detailed information about factors pertinent to the business of the company that could cause actual results to differ is set forth in the Companys filings with the Securities and Exchange Commission. The Company is under no obligation to (and expressly disclaim any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise. This announcement is for information only and does not constitute an offer or invitation to acquire or dispose of any securities or investment advice. The distribution of the announcement and/or issue of securities in certain jurisdictions may be restricted by law. Persons into whose possession this announcement comes are required to inform themselves about and to observe such restrictions.
Enquiries:
For further information, contact us.
Notes to editors:
BioProgress listed on AIM in May 2003 and on NASDAQ in October 2004, and is engaged in the research, development, and design of patented encapsulation systems that use water soluble and biodegradable films for the dietary supplement, pharmaceutical and other sectors. The Companys portfolio comprises over 80 patents granted or in application within 24 patent families and has product development agreements and strategic alliances with several global companies. BioProgress aims to provide a cost effective and animal-free encapsulation process for pharmaceutical drugs in liquids, tablets and powders, thereby addressing the needs of the entire market for oral dosage forms while providing novel delivery mechanisms not possible with traditional processes.
The Company has also developed patented and licensed the worlds first flushable ostomy pouch that offers a newly enhanced quality of life not previously possible for the end user. Market research shows the global ostomy market to be worth $1 billion annually.
The Companys business model provides it with several significant revenue streams including sales of encapsulating machines and film, plus licence and fees for research development services

Very quiet on this thread considering this am's rise!

I'm a long term holder but have also been in and out successfully many times. Get the feeling that we might have said goodbye to the sixties, if not the seventies.

What do all you expert chartists think?

Good luck to all holders.

Madison: I think today's close (EOW) will be key...if it holds hereabouts then next stop a 1. We might also start to see a lot of heavy short positions being closed as well and that would give a SP push. We will see. jgt

Thanks John, glad to know there's someone there. Was starting to think the rest of the world was drinking in the SEO and YOO bars only!

Cheers, Madison

madison- there are still some of us out here but I have been drinking at MOB SBT and as you correctly surmise YOO bars lately.
green 09

Am into BPRG & SEO but obviously the week we've had on the other side has taken most of my time, glad to BPRG starting to recover, huge potential on both sides of the pond, happy days...

Your lucky to be riding a chariot.

Has SEO paid anything to BPRG yet...if not, when and in what form?The charts give grounds for a rise to 100p just on the recent news.BPRG is keeping us happy with a nice string of info.statements.However,if you read carefully,they still have'nt installed the film casting line from Valence Tech.BV,which was purchased last Aug.and is expected to be ready to produce films sometime before Aug.this year at the Brighton factory.The Tampa facility will satisfy demand for GMP film,until then.Callisto gives about a year,maybe less in Europe,as the time to wait for the reg. of generic compounds in a new delivery form...until then,we have to hope that one of the major drug/detergent manufacturers expresses interest.Then,won't they have to do tests to see if it all works before giving contracts?Can the Tampa facility and eventually Brighton cope with the load in the event of some big contract?As long as they keep giving news about patents they will stay visible...80 patents in application or granted seems an awful lot to protect.Maybe they will make more money in court actions this year than in manufacturing and royalties.Certainly a very interesting stock to hold with enormous potential in future as long as the techniques work and the management does'nt blow it.Come to think of it,one of the major pharmas should buy them out now,patents and all.

ethel: I believe SEO have paid BPRG some costs towards their Court fees. No news as yet on the damages claim. You go onto to make some good points re production...but all anyone can say without inside knowledge is that the production facilites are moving forward...there is also a possibility of a manufacturing plant in China which you have not mentioned (Global coverage). Re detergent manufacturers...the Evening Standard mentioned that BPRG have been working successfully with Proctor and Gamble. We will have to wait and see what happens but as you say there is enormous potential, indeed the latest patent could well be used by the big pharmas as a way of distinguishing the AIDS drugs shipped to Africa that are then pushed back into home markets undercutting margins, so again the potential is enormous. I agree a rise to 1 looks possible. jgt

Could be a good day on bprg.

Nice to see favourable buys to sells with increasing SP. The company should come good and stay good. Huge potentials the only problem is it is aim and with SEO it is going to give me CGT problems, (I hate paper work), Although I have some in Sipps not enough cash to buy more.


I agree should see 100p fairly soon.

Hello, folk. Took out a CFD this morning for 24K: from the margin on S*O! Have to say B**G as its considered a swear word on the S*O site! My friend and mentor, johngtudor, holds both so reckoned I could do worse than emulate him. Don't see BPRG moving as rapidly as the aforesaid, but I was impressed by the website statement implying that BPRG are playing it long and not seeking short-term advantage. Also, that the reason for taking the S*O cc so seriously is to put a warning shot across the bows of copmpetition on both sides of the Atlantic. May be more of a problem over there. look on the investment as medium term - in other words, put it aside for a year or so.

Eric

Just got interested in MICAP.Shares seem fairly valued...no profit last year.For those who follow BPRG and SEO,this encapsulation technique MICAPtm has many interesting applications,especially in the decontamination of catheters,thereby helping to cut back the incidences of bladder infections .The company is also involved with natural alternatives to conventional treatments for MSA,thrush,Athletes Foot,irritable bowel syndrome and gingivitis.It is down 93% on the year.Loss last year.March results?Turnover 0.9 Profit-O.851.Momentum up steadily ,S.ADVFN user sentiment BUY 63.64%Looks interesting if it van go through 30p which it might try twice.Target 50p Priced at 60p on IPO.Small company,valued at 7.93mill.sterling.Why does'nt someone start a new thread on this one,I'm sure we can get the price moving in the right direction.MIC deserves a bit of attention and then maybe it will be encouraged to keep us regularly informed of its trials and progress,just like Bioprogress has been doing these past few days!!!!.Thanks for the info,JohnGT

ethel

Agree MICAP looks very attractive at these levels and have bought a few recently. When the long-awaited deal with BPRG comes it should have more of an impact on MICAP owing to it's piddling market cap.

Well new Non-Executive Directors appointed. Good news but how much influence will they have on the driven CEO? New patents that could lead to products being distributed in BPRG's new capsule wrapping and now this...according to the WSJ Bioprogresss products will be on sale in about two weeks time in China marketed through the Sunkist brand via AXM Pharma. Thought followers of the stock would like to know that events are moving forward regardless of SP falls etc. jgt

Dear Johng you missed me by half an hour,as I sold in panic ,losing half the glorious profit that I had gained by Monday.Later today saw the 50k boys coming back in.The problem for me is that I pay my broker 5% which stops me making profit on small price rises,especially with a 3p spread.I shall wait for excitng news and then back in...this has a long way to go.Why did'nt this thread take off.....all the attention went to SEO.

Ethel

Why are you paying a broker 5% when you can do it yourself on line. I pay 11.95 per transaction.

MS