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RNS Number : 0436V Avacta Group PLC 03 April 2023
3 April 2023
Avacta Group plc
("Avacta" or "the Group" or "the Company")
Notice of Results and Investor Presentation
Avacta Group plc (AIM: AVCT), a life sciences company developing innovative,
targeted oncology drugs and powerful diagnostics, will announce its audited
financial results for the year ended 31 December 2022 on Tuesday, 25 April
2023.
Investor webinar
An investor webinar presentation by Alastair Smith, Chief Executive Officer
and Tony Gardiner, Chief Financial Officer will take place at 11:00am BST on
Tuesday, 25 April 2023.
The webinar is open to all existing and potential investors and will consist
of a presentation followed by a Q&A session, held on the Investor Meet
Company platform. Questions can be submitted pre-event via your Investor Meet
Company dashboard up until 9am the day before the meeting or at any time
during the live presentation.
Investors can sign up to Investor Meet Company for free and then click "Add to
meet" Avacta Group via the following link to join the webinar:
https://www.investormeetcompany.com/avacta-group-plc/register-investor
(https://www.investormeetcompany.com/avacta-group-plc/register-investor)
Investors who already follow Avacta Group plc on the Investor Meet Company
platform will automatically be invited.
The Company will also post its results presentation on its website at the
following page: https://avacta.com/investors/documents-presentations
(https://avacta.com/investors/documents-presentations)
-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 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.
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 pre|CISION™ 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. 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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