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0.525 0.025 (4.76%)

Bid:

0.50

Ask:

0.55

Spread: 0.05 (10.00%)

Market Cap: £19.00m

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Aptamer submits patent application for Optimer binders

Mon, 08th Apr 2024 14:27

(Alliance News) - Aptamer Group PLC on Monday said it filed a patent application aimed at supporting the next stages of commercial advancement with Unilever PLC.

The York, England-based biotechnology firm said it filed the application to protect "Optimer binder sequences for novel applications in fast moving consumer goods generated as part of its partnership with Unilever."

Aptamer said the application was filed on March 28.

Chief Technical Officer Arron Tolley said: "The submission of this patent is an important milestone for Aptamer Group and supports the next stages of commercial advancement with Unilever."

Samantha Samaras, senior vice president of research & development at Unilever, said: "Over the past 12 months we have been working with the excellent team at Aptamer Group to discover, develop and exploit their Optimer binders for cosmetic applications. We look forward to continued collaboration in this exciting applications space."

Aptamer shares were flat at 0.60 pence each on Monday afternoon in London.

By Tom Budszus, Alliance News slot editor

Comments and questions to newsroom@alliancenews.com