METabolic EXplorer (Metex) has announced that the deadline for submitting bids for Metex Noovistago, initially set for May 6, has been extended to May 27 to allow potential buyers to position themselves, as no bids have been received to date.

In particular, this extension will enable the Avril Group to continue studying a project to take over the activities of this subsidiary and part of Metex's R&D activity, a project which is conditional on the involvement of one or more public partners.

In view of the current situation, no resumption of trading in METabolic EXplorer shares is anticipated. Trading was suspended today at the request of the fermentation process specialist.

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