REG - Avacta Group PLC - Avacta to Host Therapeutics Division Science Day

AvactaAnnouncement

19/12/2022 07:00

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RNS Number : 0781K  Avacta Group PLC  19 December 2022

 

 

19th December 2022

Avacta Group plc

 

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

 

Avacta to Host Therapeutics Division Science Day on 23rd February 2023

 

Science Day to include presentation of the data emerging from the phase 1a
clinical trial of AVA6000

 

Avacta Group plc (AIM: AVCT), a life sciences company developing innovative,
targeted oncology drugs and powerful diagnostics, will host a Science Day for
City analysts and fund managers on 23rd February 2023 to discuss recent
progress within the Company's Therapeutics Division and hear from selected key
opinion leaders in the field of oncology.

 

The event will include an update on the ongoing preclinical programmes as well
as on progress in the ALS-6000-101 phase 1a clinical trial of AVA6000,
Avacta's lead pre|CISION(TM) tumour targeted chemotherapeutic, a modified form
of the chemotherapy doxorubicin.

 

The Company will update the Market on progress in this study in early January
2023, in advance of the Science Day.

 

A recording of the presentations will be available after the event on Avacta's
website www.avacta.com (http://www.avacta.com) .

 

 

-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 / Dhiren Suares   www.stifel.com (http://www.stifel.com/)
 / William Palmer-Brown

 FTI Consulting (Financial Media and IR)                                         Tel: +44(0) 203 727 1000

 Simon Conway / Alex Shaw / George Kendrick                                      Avacta.LS@fticonsulting.com (mailto:Avacta.LS@fticonsulting.com)

 Zyme Communications (Trade and Regional Media)                                  Tel: +44 (0)7891 477 378

 Lily Jeffery                                                                    lily.jeffery@zymecommunications.com

                                                                               (mailto:katie.odgaard@zymecommunications.com)

 

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.

 

Avacta's Therapeutics Division, a clinical stage oncology drug innovator, is
building a wholly owned pipeline of novel Affimer(®) immunotherapies and
pre|CISION(TM) 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 pre|CISION(TM) 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 for healthcare professionals and consumers. 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. 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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