REG - Avacta Group PLC - Shareholder update to review AVA6000 Phase 1a data

AvactaAnnouncement

04/12/2023 07:00

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RNS Number : 4866V  Avacta Group PLC  04 December 2023

4 December 2023

 

Avacta Group plc

 

("Avacta" or "the Group" or "the Company")

 

Shareholder update to review AVA6000 Phase 1a data

 

Avacta Group plc (AIM: AVCT), a life sciences company developing innovative,
targeted oncology drugs and powerful diagnostics, will hold an online
shareholder event via the Investor Meet Company ("IMC") platform on Wednesday
13 December at 11:00 a.m. GMT.

Avacta's Chief Executive Officer, Alastair Smith, Chief Scientific Officer,
Fiona McLaughlin and Consultant Chris Coughlin will present a detailed review
of the AVA6000 clinical trial's Phase 1a data, followed by an investor
Q&A. Questions can be submitted in advance via the IMC platform.

Investors who already follow Avacta on IMC will automatically be invited to
join the live stream. Investors who do not have an IMC account can sign up for
free
at https://www.investormeetcompany.com/avacta-group-plc/register-investor
(https://www.investormeetcompany.com/avacta-group-plc/register-investor)  and
then click "Add to meet" on the Avacta page in order to receive an invitation.

 

 

-Ends-

 

 

For further information from Avacta Group plc, please contact:

 

 Avacta Group plc                                                          Tel: +44 (0) 1904 21 7070

 Alastair Smith, Chief Executive Officer                                   www.avacta.com (http://www.avacta.com)

 Tony Gardiner, Chief Financial Officer

 Michael Vinegrad, Group Communications Director

 Stifel Nicolaus Europe Limited (Nomad and Broker)                         Tel: +44 (0) 207 710 7600

 Nicholas Moore / Nick Adams / Samira Essebiyea / Nick Harland / William   www.stifel.com (http://www.stifel.com/)
 Palmer-Brown

 Consilium Strategic Communications (Media and IR)                         avacta@consilium-comms.com (mailto:avacta@consilium-comms.com)
 Mary-Jane Elliott / Jessica Hodgson / Sukaina Virji

 

About Avacta Group plc - https://www.avacta.com (https://www.avacta.com/)

Avacta Group plc is a life sciences company working to improve people's health
and well-being through innovative oncology drugs and powerful diagnostics.
Operating through two divisions, Diagnostics and Therapeutics, the Group's
mission is to provide professionals and consumers with solutions that improve
healthcare, fitness and well-being.

 

Avacta's Therapeutics Division, a clinical stage oncology drug innovator, is
building a wholly owned pipeline of novel Affimer(®) immunotherapies and
pre|CISION™ tumour targeted chemotherapies. This approach is designed to
address the lack of a durable response to current cancer immunotherapies
experienced by most patients and reduce the severe systemic toxicities caused
by chemotherapies. There are five programmes in the pipeline as well as
several global research collaborations and licensing partnerships. Avacta's
lead programme, AVA6000, is a preCISION™ tumour-targeted form of the
established chemotherapy doxorubicin. AVA6000 is in Phase I clinical trials in
patients with locally advanced or metastatic selected solid tumours.

 

The Affimer(®) platform is an alternative to antibodies that has been
designed to address many of the drawbacks of antibodies which, despite their
shortcomings, currently dominate the immuno-diagnostics and
immuno-therapeutics markets.

 

The pre|CISION™ tumour targeting platform can be used to modify a
chemotherapy in order to selectively release the active drug in tumour tissue
thereby reducing the systemic exposure that causes damage to healthy tissues.
pre|CISION™ modified chemotherapies are designed to reduce the side effects
and improve the overall safety and therapeutic potential of these powerful
anti-cancer treatments.

 

Avacta's Diagnostics Division develops and supplies a broad range of
in-vitro diagnostic (IVD) solutions. The Division is growing rapidly through
an M&A strategy to deliver a global scale IVD business providing market
leading solutions for healthcare professionals and consumers to inform
treatment and monitor health and well-being. In October
2022, Avacta acquired Launch Diagnostics which serves the hospital
pathology laboratory market in the UK and Europe. In May
2023, Avacta acquired Coris Bioconcept a Belgium based lateral flow test
developer and manufacturer adding a broad range of marketed professional-use
rapid tests into the Diagnostics Division. Avacta Diagnostic's research and
development centre in Wetherby, UK uses its proprietary
Affimer(®) platform to differentiate immunodiagnostic products to provide
marketing leading performance.

 

To register for news alerts by email go to
www.avacta.com/investor-news-email-alerts
(http://www.avacta.com/investor-news-email-alerts)

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