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RCS - Avacta Group PLC - Hardman Res.: R&D accelerated to advance assets <Origin Href="QuoteRef">AVTG.L</Origin>

RNS Number : 6904T
Avacta Group PLC
16 October 2017

Hardman Res.: R&D accelerated to advance assets

R&D accelerated to advance assets -Avacta is the proprietary owner of Affimer technology for the development of bio-therapeutics, diagnostic tests and research reagents. Affimers represent a radical alternative to established antibody technology which dominates the drug industry, despite its limitations. Avacta has made considerable progress towards its strategic goal to be ready to enter first-in-man Affimer trials by the end of 2019. Recent results highlighted significant progress made in its in-house therapeutic programmes with the first in-vivo studies showing safety, tolerability and efficacy of an Affimer. This adds to the de-risking of Affimer technology and attracting potential partners.

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http://hardmanandco.com/docs/default-source/company-docs/avacta-documents/16.10.17-r-d-accelerated-to-advance-assets.pdf

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About Hardman & Co: For the past 20 years Hardman has been producing specialist research designed to improve investors' understanding of companies, sectors, industries and investment securities. Our analysts are highly experienced in their sectors,and have often been highly rated by professional investors for their knowledge. Our focus is to raise companies' profiles across the UK and abroad with outstanding research, investor engagement programmes and advisory services. Some of our notes have been commissioned by the company which is the subject of the note; this is clearly stated in the disclaimer where this is the case.

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