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.

nematode how do I contact you on this site?. No e-mail or private message facility.?. sorry a bit lost here. Can you please advice?.

cheers GF.

Taken from another board re shares mag write up

New deal sweetens the pill for Bioprogress

Further deals are in the offing at Bioprogress (AIM:BPRG) after it signed a major agreement for its film encapsulation technology NROBE.

Shares in the company rocketed 36% to 106p after management announced a licensing deal worth $160 million with US company FMCCorporation.

Bioprogress designs biodegradable encapsulation systems for pharmaceutical tablets. Its technology replaces beef-derived gelatin encapsulation, which experts fear could carry CJD.

The film could help pharmaceutical companies facing generic competition launch new versions of existing products.

Chemical company FMC has secured an exclusive global licence for Bioprogresss NROBE dosage technology and is responsible for commercialising it. FMC must buy a minimum number of Bioprogresss encapsulation machines over the first six years and at least 50% of its film requirement over the next three years.

This is a terrific deal for us and has a big impact on what were doing, says chief executive Graham Hind. As a small company we need to have a partner that has worked with pharmaceutical companies for a long time. FMC is not interested in anything that isnt going to make billions. Its set up a separate division just for this.

Hind claims that there are more deals on the way and is considering hitting the acquisition trail.

People should understand this is one of several more deals coming down the pipeline, says Hind. Its not just a flash in the pan. Plus we have a liquid stock and this gives me the opportunity of considering acquisitions.

Speculative buy.

Excelent post Janus.

cheers Gf.

gf if you click on nematode then you can send a message on.

G F would you still buy or wait for the shares to drop back on profit taking?

Moneyplus, fall back?, thats what I was waiting for when wanting to add but they just kept on going up.

cheers GF.

GF,you're a genius for pointing us to this share on your list.I owe you a drink!!!Recieved and reply sent.

Cheers no problem.

GF.

BLOIS, your private message function is switched off, so I cannot reply.

cheers GF.

GF?
Do you think that the imminent good news is already price in now ie bid 122, offer 126?
thanks
Anna

GF - Should be OK now. Thanks.

Anna, that's for you to decide! However, I personally doubt it will fall below 120p now, but that's easy for me to say as I'm heavily into these from 50, 65, 71 and 99.5p!!!

It depends on your timeframe. If you're looking for a quick profit, inevitably there is always a fallback sometime to provide a buying opp, but whether it will be from here or higher up I can't say.

If you're looking long term then yes, I would buy more now.

Wait till the next an
ounncment,then watch the share price go!

up.

up,up,up & up

Hi Anna, no I think this ones going to be a real star on what I have been told. People thought everything was already in the price last time and look what happened. Anyway it looks like we are not just looking at one contract but others aswell.

cheers Gf.

There's high expectation of another deal being announced next week and a further one end Feb/early March. I also have a suspicion that we may get completely unexpected good news, possibly an early startup of Ostomy production by Convatec (currently expected 04H2), possibly a settlement with SEO, possibly an entirely new application, possibly another global licensing deal, who knows? What is clear, though, is that the price has started to tick up on good volumes during the last 2 days in exactly the same way as it did for 3-4 days prior to the FMC announcement.

For what it's worth, my view is that the next deal - directly with a pharma, hopefully - is the real "company maker". This is the deal that will:

(a) Cement confidence amongst the investment community that Bio delivers on its promises.

(b) Confirm that it genuinely does have a world-changing technology (though I think most of us there already.)

(c) Will establish a market cap that moves it onto institutional radar screens.

(d) Most importantly, will highlight a gelatine alternative to a BSE-aware population, the US, that will have the other pharmas tearing down the door - they really won't like the competitive and marketing advantages that this will give the early-adopters.

I think we might enjoy next week and possibly again 2 weeks thereafter and, from what Graham Hind says, again and again and again....

Have a great weekend and be kind to each other tomorrow!

Thanks GF and all that answered - seems too big a risk NOT to be in BPRG!
Topped up with MDW today too
Regards
Anna

Publess well said and GF we all owe you one.Goodnight and have a nice weekend.

From this weekends Financial Times.........
"There were whispers around biotechnology group Bioprogress, on rumours of another big distribution deal following its recent agreement with FMC Biopolymer.

The shares closed up 5.8per cent at 127 1/2p".

cheers GF.