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Metabolic Explorer SA (METEX.PA)

METEX.PA on Paris Stock Exchange

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9 Dec 2016
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Latest Key Developments (Source: Significant Developments)

Metabolic Explorer: transfer of metex technology for fermentation production of methionine to Evonik
Wednesday, 7 Dec 2016 01:00am EST 

Metabolic Explorer Sa : Completes transfer, announced on November 28, of Metex's entire technology portfolio for fermentative production of methionine, as well as patents, essential bacteria strains, and inola™ brand, for a lump sum of 40 million euros . Transfer of metex technology for fermentation production of methionine to Evonik . A transfer services agreement to provide technical assistance to Evonik and allow a smooth transfer of the methionine technology .Metex will receive an additional amount from Evonik of 5 million euros ($5.36 million), paid over the next two years.  Full Article

Metabolic Explorer H1 operating loss stable at 3.5 mln euros
Tuesday, 27 Sep 2016 01:03pm EDT 

Metabolic Explorer SA : H1 operating loss 3.5 million euros ($3.9 million) versus loss of 3.5 million euros year ago . H1 net loss 3.6 million euros versus loss of 3.5 million euros year ago .H1 revenue 0.9 million euros versus no revenue year ago.  Full Article

Technip and Metabolic Explorer to evaluate combined polymer technology
Tuesday, 23 Aug 2016 01:00am EDT 

Technip SA : Technip and Metabolic Explorer sign agreement to evaluate combined polymer technology .Evaluation will include a technical and commercial review with a goal of bringing bundled technology package to market for licensing.  Full Article

Metabolic Explorer consults shareholders concerning principle of a possible sale of L-Methionine technology
Monday, 1 Aug 2016 12:56am EDT 

Metabolic Explorer SA : Metabolic Explorer consults its shareholders concerning the principle of a possible sale of its L-Methionine technology . As part of this process, it set up a financial scenarios assessment committee within board on 18 February 2016 .Board of directors decided at end-July 2016 that sale of L-Methionine technology was one of options that would be in company's interest.  Full Article

Metabolic Explorer Q2 revenue up at 476,000 euros
Friday, 29 Jul 2016 11:56am EDT 

Metabolic Explorer SA :Q2 revenue 476,000 euros ($531,549.20) versus no revenue year ago.  Full Article

Metabolic Explorer Q1 revenue 452,000 euros
Friday, 13 May 2016 12:08pm EDT 

Metabolic Explorer SA : Q1 revenue 452,000 euros ($510,488.80) versus no revenue year ago .At March 31, 2016, the company’s gross cash position under IFRS standards stood at 7.5 million euros, compared with 9.2 million euros at Dec. 31, 2015.  Full Article

SK Chemicals notifies Metabolic Explorer of decision to terminate license agreement
Monday, 9 Nov 2015 01:00am EST 

Metabolic Explorer SA:SK Chemicals has notified Metabolic Explorer of its decision to terminate the license agreement and discontinue the industrialization project of the PDO in Ulsan, for its own reasons.Metabolic Explorer has reserved its rights in relation to SK Chemical's decision to terminate pending further discussion between parties.  Full Article

Metabolic Explorer signs agreement with UPM
Thursday, 11 Jun 2015 03:03am EDT 

Metabolic Explorer SA:Signs agreement with UPM about the development of a MPG technology based on second-generation, cellulosic sugars.  Full Article

Metabolic Explorer announces commercialization agreement with Technip
Wednesday, 15 Apr 2015 01:00am EDT 

Metabolic Explorer SA:Announces agreement with Technip for commercialization of first industrial solution for producing L-Methionine.  Full Article

Metabolic Explorer to issue 500,000 new shares at unit price of 5 euros
Wednesday, 4 Feb 2015 01:14pm EST 

Metabolic Explorer SA:To issue 500,000 new shares at unit price of 5 euros per share.New number of outstanding shares after capital increase of 2.2 percent is 22,761,500 shares.500,000 shares issued reflect cash contribution of 2.6 million euros.  Full Article