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Pin to quick picksAvacta Group Regulatory News (AVCT)

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Hardman & Co Research: Avacta (AVCT): Capital increase for further development

5 Sep 2018 07:15

Hardman & Co Research Hardman & Co Research: Avacta (AVCT): Capital increase for further development 05-Sep-2018 / 07:15 GMT/BST


Hardman & Co: Capital increase for further development

Avacta (AVCT) is a pre-clinical stage biotechnology company and the proprietary owner of Affimer technology. Affimers represent a radical alternative to the established antibody technology, which continues to dominate the drug industry, despite its limitations. The significant technical and commercial benefits of Affimers are being recognised increasingly through corporate and academic interest, ongoing evaluations, and deal flow. Avacta has successfully completed a Placing of shares to raise £11.6m (gross) to fund its therapeutic pipeline and to increase commercial traction of its Affimer platform for future licensing deals.

Please click here for the full report:

http://hardmanandco.com/docs/default-source/company-docs/avacta-documents/05.09.18-capital-increase-for-further-development.pdf

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Dissemination of a CORPORATE NEWS, transmitted by EQS Group.The issuer is solely responsible for the content of this announcement.


End of Announcement - EQS News Service

720635 05-Sep-2018 

corporate announcement transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

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