Last checked at 1 Jul 2019 11:04
Hardman & Co Research Hardman & Co Research: Oxford BioMedica (OXB): Eying up long-term value 01-Jul-2019 / 11:03 GMT/BST Hardman & Co: Eying up long-term value Oxford BioMedica (OXB) is a specialist, advanced therapy, viral-vector biopharma company. It offers vector manufacturing and development services, while developing proprietary drug candidates, with its LentiVector(R) platform. 2018 saw significant growth in gross income, the majority through licensing deals. A new R&D collaboration deal with Santen, coupled with the recent equity financing and debt repayment, demonstrate OXB's deal-making ability and its strategy to secure future, long-term potential. Near term, this R&D arrangement will provide modest additional profit, adding confidence to OXB's new net cash status in 2019. Please click here for the full report: https://www.hardmanandco.com/research/corporate-research/eying-up-long-term-value/
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corporate announcement transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.