Hardman & Co Issues Research Report

RNS Number : 8742P

Avacta Group PLC

23 February 2016

 

Hardman & Co issues research report on Avacta Group plc(AVCT.L)

Affimers - next generation therapeutic platform

Avacta is a life science company providing high quality and highly specific tools to the biopharmaceutical industry to help in the diagnosis and treatment of humans and animals. The group's Affimer technology is a revolutionary alternative to the established technology, antibodies, which dominates the drug industry despite its limitations. During 2015 Avacta focused all activities on the commercialisation of Affimers initially via a bespoke service and an on-line catalogue, with a longer-term view to develop its own bio-therapeutics for out-licensing. There is a clear mismatch between the EV of ca.£50m and the long-term potential of Affimers.

Please click here for the full report:

http://www.hardmanandco.com/docs/default-source/company-docs/avacta-documents/avacta-initiation

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