RE: White City13 May 2022 08:42
Beinthehead...you are right and we were told early on that Avacta would have limited input etc. That's not to say there might not be a new collaboration about to take place.
'In the partnership with ADC, Avacta will select the Affimers, after which ADC will be responsible for all preclinical research in relation to the creation of Affimer drug conjugates and subsequent clinical development. As all R&D costs are covered by ADC, Avacta benefits from limited upfront financial risk, with potential upside from the option on each target that could provide long-term milestones and royalties.'
It was the wording from the new article I found interesting...'accessible to our collaborators'...why move for a couple of flying visits from overseas collaborators....no I think this refers to collaborators within the White City area...and there is one obvious one who has also has locations around the World.
“We are now at the heart of the innovative White City community in London, readily accessible to our collaborators around the world and poised to take Avacta to the next level in its evolution as a clinical stage biopharmaceutical company.”
Could be wrong of course...