Avacta Group PLC Hardman Research: De-risking Moderna's partnership
May 08 2017 - 8:21AM
RNS Non-Regulatory
TIDMAVCT
Avacta Group PLC
08 May 2017
Hardman Research: De-risking of the partnership with Moderna
De-risking of the partnership with Moderna: Avacta is the
proprietary owner of Affimer technology for the development of
bio-therapeutics, diagnostic tests and research reagents. Affimers
represent a radical alternative to established antibody technology
which dominates the drug industry despite its limitations. Moderna
was the first to enter into an agreement with Avacta to use the
Affimer technology, in tandem with Moderna's mRNA drug delivery
platform. Moderna has just disclosed Phase I trial data for its
mRNA technology which is the first public evidence that it works,
which meaningfully de-risks the partnership plans to deliver
Affimer therapeutics using mRNA
Please click here for the full report:
http://hardmanandco.com/docs/default-source/company-docs/avacta-documents/08.05.17-de-risking-of-the-partnership-with-moderna.pdf
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