RE: The upcoming Vox interview11 Mar 2021 15:25
Taken from Paul Hill LinkedIn
If anyone was still in any doubt wrt Avacta’s ground breaking Affimer platform, then we got further proof today of its enormous applicability & potential across numerous diagnostics & therapeutic sectors.
Here Biokit, A Werfen Company, a world leading in vitro diagnostics OEM, has licensed #AVCT’s Affimer reagents to detect a key analyte (eg biomarker in blood/saliva). In return Avacta will receive royalties on future sales of any products brought to market, following regulatory approvals.
Interestingly too, Biokit, A Werfen Company also manufacturers rapid IVD tests for Syphilis, Glandular fever, Toxoplasmosis & Rheumatoid arthritis. Possible other avenues to explore in due course.
Meaning that all-in-all, when added to #AVCT’s other 3rd party licensing/research agreements – eg Daewoong Pharma, Astrea BioSeparations, LG Life Sciences, Point Biopharma, ADC Therapeutics, Moderna, etc. Then this whole royalty area could ultimately become a major income stream on its own.
All fascinating topics that I hope to explore on Vox Markets next week with CEO Alastair Smith.
Onwards & upwards.