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RNS Number : 8425J Fusion Antibodies PLC 22 May 2025
22 May 2025
Fusion Antibodies plc
("Fusion" or the "Company")
Update on U.S. Patent for OptiMAL®
Fusion Antibodies plc (AIM: FAB), specialists in pre-clinical antibody
discovery, engineering and supply for both therapeutic drug and diagnostic
applications, announces that the United States Patent and Trademark Office has
issued a notice of allowance in respect of the Company's U.S. patent
application no. 17/287,441 (the "Patent Application").
The Patent Application entitled "Antibody Library and Method", concerns the
library of antibodies that is currently screened within Fusion's OptiMAL®
platform, as well as the method for the design of additional libraries. This
is key to Fusion's offering to provide "Opti" designed libraries for a range
of applications including Antibody Discovery, Affinity Maturation, and
Sequence Optimisation.
Receipt of a notice of allowance indicates that the claims in the Patent
Application are patentable and does not in itself represent a grant of patent
rights. Fusion anticipates that the patent will be granted upon completion of
certain administrative requirements, including payment of the Patent
Application, in due course.
Further announcements will be made at the appropriate time.
Enquiries:
Fusion Antibodies plc www.fusionantibodies.com
Adrian Kinkaid, Chief Executive Officer Via Walbrook PR
Stephen Smyth, Chief Financial Officer
Allenby Capital Limited Tel: +44 (0) 20 3328 5656
James Reeve/Vivek Bhardwaj (Corporate Finance)
Tony Quirke/Joscelin Pinnington (Sales and Corporate Broking)
Shard Capital Partners LLP
Damon Heath (Joint Broker) Tel: +44 (0) 207 186 9952
Walbrook PR Tel: +44 (0)20 7933 8780 or fusion@walbrookpr.com
Anna Dunphy Mob: +44 (0)7876 741 001
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.
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