REG - Fusion Antibodies - Notice of Results

Fusion AntibodiesAnnouncement

17/11/2021 10:00

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RNS Number : 6758S  Fusion Antibodies PLC  17 November 2021

 

Fusion Antibodies plc

("Fusion" or the "Company")

 

Notice of results

 

Fusion Antibodies plc (AIM: FAB), specialists in pre-clinical antibody
discovery, engineering and supply for both therapeutic drug and diagnostic
applications, announces it will release its unaudited interim results for the
six months ended 30 September 2021 on Monday, 6 December 2021.

 

Fusion will host an online live presentation open to all investors on
Thursday, 9 December at 11.00am, delivered by Dr Richard Jones, CEO and James
Fair, CFO. The Company is committed to providing an opportunity for all
existing and potential investors to hear directly from management on its
results whilst additionally providing an update on the business and current
trading.

 

The presentation will be hosted through the digital platform Investor Meet
Company.

 

Investors can sign up to Investor Meet Company for free and add to meet Fusion
Antibodies plc via the following
link: https://www.investormeetcompany.com/fusion-antibodies-plc/register-investor
(https://www.investormeetcompany.com/fusion-antibodies-plc/register-investor)
 

 

For those investors who have already registered and added to meet the Company,
they will automatically be invited. Questions can be submitted pre-event via
your IMC dashboard or in real time during the presentation, via the "Ask a
Question" function. Whilst the Company may not be in a position to answer
every question it receives, it will address the most prominent within the
confines of information already disclosed to the market through regulatory
notifications. A recording of the presentation, a PDF of the slides used, and
responses to the Q&A session will be available on the Investor Meet
Company platform afterwards.

 

Enquiries:

 

 Fusion Antibodies plc                                  www.fusionantibodies.com
 Richard Jones, Chief Executive Officer                 Via Walbrook PR

 James Fair, Chief Financial Officer

 Allenby Capital Limited                                Tel: +44 (0)20 3328 5656
 James Reeve / Vivek Bhardwaj (Corporate Finance)

 Tony Quirke (Sales and Corporate Broking)

 Walbrook PR                Tel: +44 (0)20 7933 8780 or fusion@walbrookpr.com
 Anna Dunphy                                            Mob: +44 (0)7876 741 001
 Paul McManus                                           Mob: +44 (0)7980 541 893

 

About Fusion Antibodies plc

 

Fusion is a Belfast based contract research organisation ("CRO") providing a
range of antibody engineering services for the development of antibodies for
both therapeutic drug and diagnostic applications.

 

The Company's ordinary shares were admitted to trading on AIM on 18 December
2017. Fusion provides a broad range of services in antibody generation,
development, production, characterisation and optimisation. These services
include antigen expression, antibody production, purification and sequencing,
antibody humanisation using Fusion's proprietary CDRx (TM) platform and the
production of antibody generating stable cell lines to provide material for
use in clinical trials. Since 2012, the Company has successfully sequenced
and expressed over 250 antibodies and successfully completed over 200
humanisation projects and has an international, blue-chip client base, which
has included eight of the top 10 global pharmaceutical companies by revenue.

 

The Company was established in 2001 as a spin out from Queen's University
Belfast. The Company's mission is to enable pharmaceutical and diagnostic
companies to develop innovative products in a timely and cost-effective manner
for the benefit of the global healthcare industry. Fusion Antibodies provides
a broad range of services in antibody generation, development, production,
characterisation and optimisation.

 

Fusion Antibodies growth strategy is based on combining the latest
technological advances with cutting edge science to deliver new platforms that
will enable Pharma and Biotech companies get to the clinic faster, with the
optimal drug candidate and ultimately speed up the drug development process.

 

The global monoclonal antibody therapeutics market was valued at $135.4
billion in 2018 and is forecast to surpass $212.6 billion in 2022, an increase
at a CAGR of 12.0 per cent. for the period 2018 to 2022. In 2017, seven of the
world's ten top selling drugs were antibody-based therapeutics with the
combined annual sales of these drugs exceeding $63.2 billion.

 

 

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