Hostile bid for Avacta3 Jun 2021 20:32
If a hostile bid comes in for Avacta from one of the Big Pharma, they will have to have very deep pockets.
The Affimer platform is an alternative to antibodies derived from a small human protein. Despite their shortcomings, antibodies currently dominate markets, such as diagnostics and therapeutics, worth in excess of $100bn.
Avacta has 2 divisions
In house Therapeutic division potentially worth Billions.
In house Diagnostic division
Potentially worth Billions.
Plus also own IP for
pre|CISION™ & TMAC ™
drug conjugate.
There is also another 10 reasons why these multi nationals need to dig very deep because they would also own the licence agreements to this Super 10 list below.
1.
LG Chem have a licence with Avacta for LG Chem has potentially 8 new products.
2.
Daewoong x 2 Gene & stem cell targets with other targets in pipeline plus Affyxell joint venture.
3.
ADC x 3 undisclosed cancer targets and years of research.
4.
Astrea the rights to generate and develop Affimer reagents in-house for affinity separation. It also provides Astrea with an option to convert the agreement into an exclusive license could be worth billions.
5.
Moderna exclusive license agreement with respect to certain Affimer molecules for vaccines.
6.
POINT Biopharma Inc. Licence to access to Avacta’s pre|CISION™ technology for the development of tumour-activated radiopharmaceuticals.
The radiopharmaceutical market is expected to grow to $15 billion by 2025
7.
Biokit has the right to develop, manufacture and commercialise through original equipment manufacturer (OEM) partners a diagnostic immunoassay for this analyte.
8.
Bruker has a collaboration agreement with Avacta to further develop the potential for the BAMS COVID-19 test as a clinical IVD.
9.
Mologic partnership with Avacta provides a framework agreement for the future development of a pipeline of tests in a range of disease areas. The possibility of combining Avacta’s spike antigen test with Mologic’s nucleocapsid antigen-based technology.
10.
Abcam hold the patent to the nearest molecule to affimers affibodies which are as good as affimers with their recent collaboration with Avacta they will get to see the full power of Affimers.
https://gtr.ukri.org/project/B62E4643-BE4E-42AC-9AD0-A659947F2584
Now LG Chem,Daewoong and Moderna are all Big Pharma themselves and probably wouldn’t want their licence agreements being scrutinised by other Big Pharma,so we could end up with a multi company bidding war.
Congratulations to all PI’s who have held this far,but I can see this as being one of the best investments ever.
DYOR.........:)