DeepMatter signs three-year deal with Thieme Chemistry

Chemistry digitisation company DeepMatter has signed a three-year contract with Thieme Group subsidiary Thieme Chemistry, it announced on Thursday, for the supply of technical data services and access to its proprietary algorithms.

The AIM-traded firm said the contract would build on a long-standing relationship between the two businesses, providing Thieme with access to DeepMatter's services and algorithms to ensure the quality of, and access to, its data.

“We are delighted to have formalised our long-standing relationship with one of the world's leading scientific publishers and are proud of the role our data services and algorithms play in the quality of their world-renowned data,” said chief executive officer Mark Warne.

“The theme of data quality in research is increasingly coming to the fore and through the breadth of our offerings we are well placed to meet the needs of the industry, from data-gathering at source through to publication.”

At 1630 GMT, shares in DeepMatter Group were down 5.88% at 1.6p.