DEEPMATTER GROUP PLC ANNUAL REPORT 2020
DISCOVER AND DEVELOP, RELIABLY
CONTENTS
OVERVIEW
-
Our Offering and Strategy
2 Our Opportunity
4 Customer Case Studies
6 Academic Case Studies
STRATEGIC REPORT
8 Chair's Statement
10 Chief Executive's Review
- Chief Financial Officer's Review
- Our Principal Risks and Uncertaintes
- Stakeholder Engagement
GOVERNANCE
- Corporate Governance
- The Board
- Directors' Report
- Directors' Remuneration Report
- Audit & Risk Committee Report
-
Independent Auditor's Report to the members of Deepmatter
Group PLC
FINANCIAL STATEMENTS
- Consolidated statement of comprehensive income
- Consolidated statement of financial position
- Consolidated statement of changes in equity
- Conconsolidated statement of cash flows
- Notes to the consolidated financial statements
- Company statements
- Notes to the company financial statements
- Company information (list of Directors, Officers and Advisors)
- Notice of Annual General Meeting
WE WANT TO ENABLE SCIENTISTS TO USE DATA TO DISCOVER AND DEVELOP MEDICINES THAT TRANSFORM PATIENTS LIVES, RELIABLY AND COST EFFECTIVELY
OVERVIEW | 1 |
HIGHLIGHTS
£1.3m | £2.4m | £2.6m | 50+ | |||||||||
REVENUE | LOSS FOR THE YEAR | CASH | INDUSTRY | |||||||||
(2019: £1.2m) | (2019: £3.0m) | (2019: £2.6m) | ENGAGEMENTS | |||||||||
+10.3% | -19.1% | |||||||||||
OUR OFFERING AND STRATEGY
DeepMatter is building and commercialising the most powerful data platforms, to enable scientists to easily perform and optimise chemical reactions, by increasingly integrating chemistry with technology. Ultimately this will allow the greater use of artificial intelligence and reaching a point where chemicals can be autonomously synthesised through robotics.
Sitting at the heart of this strategy is a unique perspective and approach to collecting data. DeepMatter has developed data rich platform technologies used by today's expert users, early adopters, and futurists. This includes bringing together cloud- based software, with routinely used laboratory hardware and unique sensor feeds throughout the time-course of a chemical reaction, to collect novel data, in a clean and structured manner, such that machine learning analysis can be applied with confidence to enable actionable knowledge - thereby increasing productivity, discovery and compliance gains.
Being cloud-based, our platforms are designed to enable chemists to work together effectively; sharing the details of their experiments from anywhere and in real-time, so that work is not needlessly duplicated, time and money wasted, and ultimately so new discoveries may be made faster.
Visit: www.deepmatter.io and follow @deepmattergroup
2 DeepMatter Group Plc Annual Report 2020
OUR OPPORTUNITY
THE PROBLEM WE ADDRESS
50%
OF SCIENTIFIC LITERATURE IS NOT REPRODUCIBLE
which translates into wasteful spending of nearly
$28bn
WASTEFUL SPENDING
ANNUALLY
in the US alone
35%
ESTIMATED PRODUCTIVITY GAIN ACHIEVABLE
for companies by digitising their chemistry testing
PRODUCTIVITY GAINS
ASSOCIATED WITH
DigitalGlassware®
50% | 80% |
INCREASE IN | REDUCTION |
AVERAGE YIELD | IN ERRORS |
$100,000s
SAVEABLE IN FTE COSTS
THE LAB OF THE FUTURE IS HERE
Digital innovation can deliver great value and revolutionise chemistry by turning data into shareable and usable knowledge, providing a unique perspective using:
Cloud | Machine | Artificial |
Sharing | Learning | Intelligence |
Our solution, DigitalGlassware®, is at the forefront of this change
OVERVIEW | 3 |
SIGNIFICANT MARKET OPPORTUNITY
Pharmaceutical research is a hugely expensive business so any inefficiency comes with a significant cost
$811 bn | $179 bn | $2.42 bn |
SALES PER ANNUM | GLOBAL R&D SPEND | NEW DRUG |
for top 100 Pharma companies | DEVELOPMENT | |
Over 1 year the cost has more than | ||
doubled from $1.19bn |
DigitalGlassware® codifies your chemistry. Then it captures & structures time course sensor data improving insights for better productivity and discovery.
Data is captured directly from the flask and stored in the cloud & displayed in real time
DigitalGlassware® is cloud-based allowing real-time data dissemination across company sites across the globe.
DigitalGlassware® saves time, reduces errors and gives access to never before seen data insights using AI/ML leading to:
FASTER, BETTER & CHEAPER MOLECULES
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Disclaimer
Deepmatter Group plc published this content on 28 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 June 2021 07:35:00 UTC.
