[Click eStock] "Microdigital, Project Performance Expected"

IBK Investment & Securities analyzed on the 1st that the project Microdigital was conducting to secure new clients is showing results.

Geonjae Lee, a researcher at IBK Investment & Securities, explained, "The project Microdigital is carrying out to acquire new clients requires a basic evaluation period of 2 to 3 years and extensive paperwork," adding, "It takes a lot of time to confirm the results."

He continued, "Recently, the project has been progressing rapidly," and added, "The change in speed seems to be mainly due to the success of the project with a US client."

He emphasized, "In the bio materials, parts, and equipment sector, market references are important," and "Domestic companies have found it difficult to secure meaningful references until now."

The researcher analyzed, "Microdigital has continuously conducted projects with domestic and international companies, building references," and "The success of the project with the North American client has become an important reference, accelerating the progress."

Microdigital signed a contract to supply 'CELBIC' 25L and 200L demo equipment to the global vaccine company SII in India. The researcher explained, "This is the result after SII conducted an on-site audit of Microdigital's production facility last September," adding, "The contract is proceeding faster than the market expected."