TIDMAVCT

Avacta Group PLC

22 September 2014

Avacta Group plc

("Avacta" or the "Group")

Appointment of a Senior Business Development Executive

Avacta Group plc (AIM: AVCT), the global provider of proprietary diagnostic tools, consumables and reagents for human and animal healthcare, announces that Dr Daniel Gare has joined Avacta Life Sciences' business development team effective as of 21(st) September. Dr Gare joins Avacta from Abcam plc ("Abcam") where he was Head of Strategic Accounts Europe with commercial responsibility for custom products across Europe.

Dr Gare is an experienced business development specialist with a proven track record in driving sales and developing new opportunities in the pharmaceutical, biotech and academic sectors. His role at Abcam was focused on identifying and evaluating licencing opportunities to drive revenue and expand brand presence and awareness and on the commercialisation of bespoke, bulk and custom products including Epitomics' RabMabs. Dr Gare has significant experience and knowledge relevant to the commercialisation of Affimers, Avacta's engineered alternative to antibodies.

Prior to his period of employment at Abcam, Dr Gare held key roles in Roche Diagnostics UK where he undertook the responsibility for sales of the Translational Diagnostics (TDx) product line in the UK, Ireland and the Nordic countries. Daniel holds a BSc (Hons) degree in biology from Imperial College, London and a PhD from the University of Aberdeen.

Commenting on the appointment, Alastair Smith, CEO of Avacta said: "I am absolutely delighted that Dan is joining the business development team at Avacta Life Sciences to commercialise Affimers. He has a proven track record in the sector and, after a number of years at Abcam, brings a wealth of experience and knowledge about the market demand for affinity reagents as well as an excellent commercial network. This is an important appointment for the Group and the fact that we are attracting such high calibre individuals is a further validation of the commercial opportunity for Affimers."

Enquiries:

 
 Avacta Group plc                                 Tel: +44 (0) 844 414 
  Alastair Smith, Chief Executive Officer          0452 
  Tim Sykes, Chief Financial Officer               www.avacta.com 
 
 Numis Securities Limited                         Tel: +44 (0) 207 260 
  Michael Meade / Freddie Barnfield - Nominated    1000 
  Adviser                                          www.numiscorp.com 
  James Black - Corporate Broking 
 
 Media Enquiries                                             Tel: +44 (0) 207 933 
  Walbrook PR Ltd                                             8780 
  Anna Dunphy / Mike Wort                                     avacta@walbrookpr.com 
 

About Avacta Group plc - www.avacta.com

Avacta Group plc is a global provider of innovative technologies, consumables and reagents for the life science markets, from drug discovery to diagnostics. Avacta operates through three divisions:

 
            Avacta Analytical             High throughput analysis instrument, Optim, 
             www.avactaanalytical.com      to help reduce the cost and risk of drug development. 
---------------------------------------  ------------------------------------------------------- 
            Avacta Animal Health          Veterinary diagnostics reference laboratory, 
             www.avactaanimalhealth.com    diagnostic kits and newly launched in-clinic 
                                           blood analyser, Sensipod. 
---------------------------------------  ------------------------------------------------------- 
            Avacta Life Sciences          Novel non-antibody affinity reagents called 
             www.avactalifesciences.com    Affimers, with a wide range of Life Science 
                                           applications in diagnostics, drug and biomarker 
                                           discover and biotech research and development. 
---------------------------------------  ------------------------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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