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RNS Number : 5988B
Avacta Group PLC
08 October 2015
 



 

08 October 2015

Avacta Group plc

 

("Avacta" or "the Group")

 

Notice of Results

 

Avacta Group plc (AIM: AVCT), the developer of Affimer® biotherapeutics and research reagents, expects to announce its preliminary results for the year ended 31 July 2015 on Monday 26 October 2015.

 

 

Enquiries:

 

Avacta Group plc

Alastair Smith, Chief Executive Officer

Tim Sykes, Chief Financial Officer

Tel:  +44 (0) 844 414 0452

www.avacta.com

Numis Securities Limited    

Michael Meade / Freddie Barnfield - Nominated Adviser

James Black - Corporate Broking

 

WG Partners

David Wilson

Nigel Barnes

Claes Spang

 

Tel:  +44 (0) 207 260 1000

www.numiscorp.com

 

 

Tel:  +44 (0) 203 705 9318

Tel:  +44 (0) 203 705 9217

www.wgpartners.co.uk

 

 

Media Enquiries

FTI Consulting

Simon Conway/Natalie Garland-Collins

Tel: +44 (0) 20 3727 1000

avacta@fticonsulting.com

 

Notes to Editors

 

Avacta Group plc (www.avacta.com)

 

Avacta Group plc is a global provider of innovative technologies, consumables and reagents for the life science markets, from drug discovery to diagnostics. Avacta's principal focus is on its proprietary Affimer® 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 $50bn despite their shortcomings. Affimers have 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. Affimers are 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 is commercialising Affimer reagents through custom Affimer services to provide bespoke solutions to customers, via a growing on-line catalogue of Affimer reagents and, in the longer term, by developing Affimers with therapeutic properties for out-licensing.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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