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Bioprogress (BPRG)     

scorpion - 13 Aug 2003 13:54

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.

hlyeo98 - 20 Sep 2004 19:24 - 926 of 2372

In that case I will buy more

hlyeo98 - 24 Sep 2004 17:44 - 927 of 2372

Interims will be out on 29/9/2004 - I bought more today as the interim is most likely to be favourable. We think alike, Janus!

hlyeo98 - 24 Sep 2004 17:45 - 928 of 2372

1.18 today

jays - 27 Sep 2004 14:16 - 929 of 2372

Janus, excuse the ignorance but who are Christows?

AdieH - 27 Sep 2004 14:21 - 930 of 2372

Broker just appointed by BPRG, like their calculations.

emailpat - 27 Sep 2004 14:27 - 931 of 2372

sorry wrong thread.

Janus - 28 Sep 2004 20:04 - 932 of 2372

I'm led to believe the court result will be out on Friday, should be an interesting day if true.

emailpat - 29 Sep 2004 07:32 - 933 of 2372

Janus-well done -confirmed by bprg

azhar - 29 Sep 2004 08:17 - 934 of 2372

Bioprogress to make 'significant' announcements in near future
AFX


LONDON (AFX) - BioProgress PLC said that it expects to make further significant announcements in the next few months, as the group, which makes soluble edible films for the pharmaceutical market, announced results for the first half to June 30 2004.

First half sales were 992,000 stg, while pretax losses came in at 3.8 mln stg, after administrative expenses of 4.4 mln stg -- which included a number of exceptionally high legal, consultancy and other items that are not expected to reoccur.

The results are effectively the first full interim results as the previous interims covered only a few weeks from 22 May 2003 to 30 June 2003.

As at 30 June 2004, BioProgress had cash of 13.3 mln stg.

'In the last few months, we have signed exciting new agreements with FMC, Perrigo, Wyeth and Micap. These interim results can only begin to reveal the potential behind these agreements, as well as our work with customers like Colgate Palmolive,' commented Graham Hind, Chief Executive.

'We have a very strong balance sheet and we expect to be making further significant announcements in the coming months.'

etain.lavelle@afxnews.com

el/

hlyeo98 - 30 Sep 2004 18:15 - 935 of 2372

still a buy at 121.5p

ptholden - 30 Sep 2004 19:02 - 936 of 2372

Definately agree with you on this one Hyleo. Whatever the result of the CC, I feel sure that BPGR will be making a succession of announcements over the coming months, agreements / contracts etc and will be a BUY for the forseeable future.

Regards

PTH

petralva - 01 Oct 2004 07:31 - 937 of 2372

9am it is but which way?

artey - 01 Oct 2004 07:36 - 938 of 2372

one way north, on todays latest news alone.

hlyeo98 - 01 Oct 2004 08:16 - 939 of 2372

You are right, artey, it opens 5p up at 126...further uptrend for the day...BUY now before the announcement is made today

AdieH - 01 Oct 2004 09:47 - 940 of 2372

Looks good, lots of buying going on think news has leaked out in our favour (hopefully).

ptholden - 01 Oct 2004 10:46 - 941 of 2372

They are going bannanas over on ADVFN, seem to think that BPRG have won the lot, although no official confirmation yet.

PTH

ptholden - 01 Oct 2004 10:47 - 942 of 2372

Must be confirmed, buying going mad!

emailpat - 01 Oct 2004 11:01 - 943 of 2372

BioProgress PLC
01 October 2004



Press Release 1 October 2004


BioProgress Plc

('BioProgress' or the 'Company')

High Court victory for BioProgress in Patent Entitlement case


In a 100 per cent victory in a dispute with Stanelco Fibre Optics Limited,
BioProgress Technology Limited, a wholly owned subsidiary of BioProgress plc
(LSE: AIM: BPRG), has been awarded outright ownership of the master patent that
gives it exclusive worldwide rights to the process of making capsules from non-
gelatin materials by means of radio frequency ('RF').


This master patent controls the group of patents that were the subject of this
case and no commercial exploitation of the patented technology is permissible
without the consent of BioProgress.


The Court also found that discussions between BioProgress and Stanelco in the
summer of 1998 were subject to confidentiality. The Judge held that because
Stanelco had misused information given to them in confidence by BioProgress,
Stanelco had breached an obligation of confidence owed, by founding their own
family of patents and patent applications to the technology based on
BioProgress' core inventive concept.


There will now be a further hearing to determine the mechanism of transfer of
ownership of the main patent to BioProgress, together with all other patents and
patent applications worldwide which are derived from the original main patent
filing. In addition, the Court will be asked to assess the damages to be
awarded to BioProgress for Stanelco's misuse of BioProgress' confidential
information.


Graham Hind, CEO of BioProgress, said: 'This judgement validates the position we
have taken during the proceedings. The technology will strengthen significantly
our position in the global encapsulation market and adds significant revenue
earning potential to our SWALLOTM. liquid capsule technologies.


'By combining the intellectual property in this patent with our existing
technologies, BioProgress will now be able to deliver an even more
cost-effective, product enhancing, animal free solution to the encapsulation of
liquids which is a truly large global market.'


- Ends -

apple - 01 Oct 2004 12:47 - 944 of 2372

SEO will Appeal!

The uncertainty continues!

Commenting on the court's decision, Stanelco Chief Executive Ian Balchin said
'We are obviously pleased to have won outright on our entitlement to two of the
three patents families. We disagree with the court's reasoning in relation to
the remaining issues.

However, we believe that we have good prospects of
appealing the court's decision and this is the course we will be following.

Stanelco's business has continued to develop since the action was brought, with
a number of new applications for our RF technology - which do not rely upon
these patents. These include food tray lidding, which now represents a very
significant part of Stanelco's future projected revenues.'

Janus - 01 Oct 2004 13:30 - 945 of 2372

Appeal, interesting can they afford it ?
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