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.

Bones thanks for that clarification, cheers GF.

Nice to see a new closing high at the end of the week (109.5p). Bodes well for next week.

Interesting article from lowpeg from rival bb,


Thought Id post my thoughts on where Bioprogress currently is for people who dont already know all the technologies involved and give people an idea of the sheer scope of Bioprogress. I know many of you have been here for centuries but some i'm sure are BPRG virgins. ;-)


You may want to refer here http://www.bioprogress.com/html/products/products.html to refresh yourself on the different technologies.

The FMC deal is a worldwide licence for the NROBE technology, some could argue now that the current share price reflects this technology (NROBE) and the ongoing existing Ostomy deal with Bristol Myers Squibb products out 2nd half 2004. My feeling is that the figures stated in the FMC deal are very conservative for safety of promising too much and FMC will be exploiting its Licence for maximum profitability which also happens to maximise royalty payments for Bioprogress. I'm sure FMC are aiming for 3 or more times these estimates so I think there is scope for more price rises based solely on these two current deals
.
OK so that deals with 2 of Bioprogress's technologies, the good news is that there are still 4 more current technologies available for license. The next in line is TABWRAP technology. This technology has been associated with the expected deal with the unnamed Global OTC (over the counter) Pharma mentioned in letter of intent 24-11-03. The expected deal is for a European and North American License for the OTC segment of the market. This leaves licences available for OTC segment in rest of the world and prescription segment still available all over the world, so huge scope there for more royalties.

Next technology is SEPTUM where Graham Hind (CEO) has been quoted as saying SEPTUM is the real jewel of all the technologies. No deals to date have been made for this technology.

There is also the SWALLOW Technology which has no deals yet signed and is the technology in patent entitlement dispute with Stanelco plc. I fully expect Bioprogress to win the legal action but no-one really knows, so to be safe lets put licensing for SWALLOW on the back burner.

Last is Non Ingestible as in uses for cosmetics, toiletries, household products, garden chemicals and recreational paintballs. No deals have yet been signed for this technology.

Oh yes and all the technologies use X GEL which Bioprogress will produce at its Film plant in March, Cambridgeshire. Other film plants are to be built in other countries under licence agreements from Bioprogress who will receive royalties on all production.

Then there are new technologies which no body knows about but hey, they are a research and development company and I bet they use X Gel.

The technologies currently ready for licensing and production.
1st - Medical (Ostomy)
2nd - NROBE,
3rd - TABWRAP,
These technologies are officially (as in no news released stating otherwise) still in development.
4th SEPTUM,
5th SWALLOW.
6th Non Ingestible

My opinion of how valuable each technology is for Bioprogress, no 1 having the most potential.
1 SEPTUM
2 TABWRAP
3 NROBE
4 Medical (Ostomy)
5 SWALLOW
6 Non Ingestible

The fact that only one licence to date has been signed for only one of their technologies in my opinion does not reflect badly on BPRG. They are only now just emerging from final development stages with their technologies and I am confident licences will be snapped up as and when they become available.

The fact that FMC have finally committed to BPRGs technology shows their view that BPRG have world class products not to mention Harro Hoefliger giving it the thumbs up.

The scope for licence royalties coming in from many world class Pharma companies operating in various market segments and in various geographical areas is huge. The Prophets comments earlier, on future share price values, may not be far off. That said the numerous licensing opportunities and sheer scale of dealing with many different companies hammering out the best deal represents a lot of hard graft for Bioprogress management and staff not to mention keeping research and development of new technologies at the forefront. This will obviously take time and wont happen overnight.


What I am trying to say is that we aren't in outer space yet, we're just taxiing down the runway ready for take off (obviously in a spacefaring flying machine thingy)

Obviously this is all in my opinion but the assumption I have made are certainly not pie in the sky hopes and dreams.

'You've got to be in it to win it' :@ )

Interesting days and weeks and months and years ahead.

Can only help, people refer to RNS what does this actually stand for, I am fairly new to investing and it seems to be linked to news... Dont want to create new thread just for this, can anyone help?

AdieH - RNS - (EDIT - thanks to publess for correction): Regulatory News Service - which supply the official Stock Exchange announcements, I believe is the term!

I read a quote from the BPRG CEO that the FMC deal was very complicated, hence the delay in announcing it. The inference was that the next deal (and more) is a bit more straightforward.

So, I am hoping for the OTC deal to emerge in the next week or two. It will be a big name so I hope they can say who. It is for exclusive use of another of BPRG's technologies covering the USA and the EU only. It entails the OTC company to build a film plant in the USA which will then also be availble to service BPRG's other US customers. BPRG have already said they are talking big numbers (in the RNS in November)

This leaves deals for non-USA/EU territories for that same technology to be done. It leaves the other two technologies to be commercialised. There is also ostomy which is already licenced to Bristol Myers Squibb and the product should roll this year.

All exciting because you have seen what "completed deal" and a big name and figures does to the share price and stirs the newspapers into action.

The good thing is the share price often moves slowly at first after the announcement. After FMC, you could have picked up BPRG in the early 80p area for a good couple of hours after the open (up only a few pence). You don't have to risk all on the hope of something. You can wait for the announcement and move quickly on the open!

But, as always, Do Your Own Research!

--> Bones/ AdieH

Don't mean to be picky, but it's the Regulatory News Service - Reuters is another thing entirely.

One place to go for news is: http://www.uk-wire.com/

This is the one to have your money on, comment from Killick one of my brokers and yes the BIG NEW contract is imminent any day now. I will let you know, had to check out no last minute problems but there arent, ITS MASSIVE, and I mean MASSIVE. Added a 'warehouse full' this morning after the confirmation.

Anyway heres thr brokers note...........


Following on from our comment on Bioprogress yesterday, we were able to hold
conversations with company management and representatives. The contract
announced which, they estimate could be worth around $160 million over six years,
looks to be conservative, but sticking with that for the time being, they are talking about
the machinery components of the contract (which will be manufactured by the world
leader in this area) being worth a gross profit of a minimum of 35% and the royalty
stream being significantly higher. With a low operating overhead which will not need
expanding far, this contract alone has the ability to support the current valuation. We
suspect others will follow shortly. The stock is seeing good two way business at around
1 a share where the company value is 100 million. Once the selling dries up, we see
a the stock well set for a further significant move to the upside.


cheers GF.

Any day now.will have to top up on any tree shake today by mm!!!Thanks GF,as ever very efficient.Hope the break in Spain has re-invigorated you.

publess, shows what I know!. Thanks.

GF - take a look at BIP when you get a chance. More blue-sky than BPRG but phenomenal potential in Vialogy. There are quite a few BPRG supporters in it now. I have a thread running:

http://www.moneyam.com/InvestorsRoom/ShowPostList?fID=1&tID=1991

Cheers Bones will have a look but have to say if I could put down on this board what I know about BPRG we would be looking at a bagger in 30mins time and thats true. Its mind blowing the potential and as you know Im a conservative type of chap I just feel so frustrated, by copywrite etc , etc.

Anyway have a good day my freind, sorry dont mean to harp on so much.

cheers GF.

It's already started GF,good on yer mate.Anymore news on RNS!!!!

MM's drop price results in a surge of buying.Why do people sell when we're so close to a rns.GF any ideas???You seem very quiet for such a bullish stock!

Seem strange that GF disappears when u most need him?????

Exiting times to come on this one methinks 1/3 week timescale IMHO

spoke to graham hind who said that the us deal will be announced at the end of the month due to all the legalities of the deal which are vast. The fmc deal was seen as more important to announce first.

Dont forget this one, new contract awaits.

GF.

When r we due contract ie the otc deal gf???