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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Avacta Group Plc | LSE:AVCT | London | Ordinary Share | GB00BYYW9G87 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-1.00 | -2.15% | 45.50 | 45.00 | 46.00 | 46.50 | 44.75 | 46.50 | 4,092,357 | 16:04:09 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Pharmaceutical Preparations | 10.06M | -39.19M | -0.1382 | -3.29 | 129.04M |
TIDMAVCT
Avacta Group PLC
13 November 2017
13 November 2017
Avacta Group plc
("Avacta", "the Group" or "the Company")
Avacta's Chief Scientific Officer to Present Therapeutics Update at PEGS Europe
Avacta Group plc (AIM: AVCT), the developer of Affimer(R) biotherapeutics and reagents, is pleased to announce that its Chief Scientific Officer, Dr Amrik Basran, will be presenting an update on the Affimer therapeutics programmes at the Protein and Antibody Engineering Summit, 13-17 November 2017 in Lisbon, Portugal.
Dr Basran will present recent progress in the Affimer therapeutic programmes and will focus on PD-L1 immune checkpoint inhibitors and half life extension methods.
Dr Basran will discuss new data concerning a range of Affimer proteins that bind to serum albumin, which can be used to form bispecifics to extend serum half-life. A range of species specific (human, mouse, cynomolgus monkey and dog) albumin binders have been generated and data will be presented that show that these molecules significantly extend the serum half-life of the Affimer scaffold and therefore offer a valuable alternative to other methods for the creation of biotherapeutics with long serum half-life.
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For further information from Avacta Group plc, please contact:
Avacta Group plc Tel: +44 (0) Alastair Smith, Chief Executive 844 414 0452 Officer www.avacta.com Tony Gardiner, Chief Financial Officer finnCap Ltd Tel: +44 (0) Geoff Nash / Giles Rolls - Nominated 207 220 0500 Adviser www.finncap.com Tim Redfern / Alice Lane / Nikita Jain - Corporate Broking WG Partners Tel: +44 (0) Nigel Birks / Nigel Barnes 203 705 9318 David Wilson / Claes Spang Tel: +44 (0) 203 705 9217 www.wgpartners.co.uk Zyme Communications (Trade and Tel: +44 (0)7787 Regional Media) 502 947 Katie Odgaard katie.odgaard@zymecommunications.com Yellow Jersey (Financial Media Tel: +44 (0)7764 and IR) 947137 Sarah Hollins avacta@yellowjerseypr.com
About Avacta Group plc (www.avacta.com)
Avacta's principal focus is on its proprietary Affimer(R) technology which is a novel engineered alternative to antibodies that has wide application in Life Sciences for diagnostics, therapeutics and general research and development.
Antibodies dominate markets worth in excess of $100bn despite their shortcomings. Affimer technology has been designed to address many of these negative performance issues, principally; the time taken to generate new antibodies, the reliance on an animal's immune response, poor specificity in many cases, and batch to batch variability. Affimer technology is based on a small protein that can be quickly generated to bind with high specificity and affinity to a wide range of protein targets.
Avacta has a pre-clinical biotech development programme with an in-house focus on immuno-oncology and bleeding disorders as well as partnered development programmes. Avacta is commercialising non-therapeutic Affimer reagents through licensing to developers of life sciences research tools and diagnostics.
To register for Avacta news alerts by email go to www.avacta.com/investor-news-email-alerts
This information is provided by RNS
The company news service from the London Stock Exchange
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November 13, 2017 02:00 ET (07:00 GMT)
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