By Adria Calatayud

Shares in Deepmatter Group PLC rose Wednesday after the company said one of its subsidiaries has entered into a data-licensing agreement with Merck KGaA's life-science business.

The agreement is to provide proprietary chemical structure and reaction data content to Merck, the U.K. science-technology company said.

Terms of the agreement weren't disclosed.

Shares in Deepmatter at 0842 GMT were up 15% at 2.70 pence.

Write to Adria Calatayud at adria.calatayud@dowjones.com

(END) Dow Jones Newswires

January 20, 2021 04:00 ET (09:00 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.
Merck KGaA (PK) (USOTC:MKKGY)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Merck KGaA (PK) Charts.
Merck KGaA (PK) (USOTC:MKKGY)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Merck KGaA (PK) Charts.