Notice of Results
12 November 2020
Fusion Antibodies plc (AIM: FAB), specialists in pre-clinical antibody
discovery, engineering and supply for both therapeutic drug and
diagnostic applications, announces it will release its unaudited interim
results for the six months ended 30 September
2020 on Friday, 20 November 2020.
Fusion will host an online live presentation open to all investors on
Monday, 23 November at 3.00pm, delivered by Paul Kerr, CEO and James
Fair, CFO. The Company is committed to providing an opportunity for all
existing and potential investors to hear
directly from management on its results whilst additionally providing an
update on the business and current trading.
The presentation will be hosted through the digital platform Investor
Meet Company.
Investors can sign up to Investor Meet Company for free and add to meet
Fusion Antibodies plc via the following link: https://www.investormeetcompany.com/fusion-antibodies-plc/register-investor
For those investors who have already registered and added to meet the Company, they will automatically be invited. Questions can be submitted pre-event via your IMC dashboard or in real time during the presentation, via the "Ask a Question" function. Whilst the Company may not be in a position to answer every question it receives, it will address the most prominent within the confines of information already disclosed to the market through regulatory notifications. A recording of the presentation, a PDF of the slides used, and responses to the Q&A session will be available on the Investor Meet Company platform afterwards.
Enquiries:
Fusion Antibodies plc | www.fusionantibodies.com | |
Dr Paul Kerr, Chief Executive Officer | Via Walbrook PR | |
James Fair, Chief Financial Officer | ||
Allenby Capital Limited | Tel: +44 (0)20 3328 5656 | |
James Reeve / Asha Chotai (Corporate Finance) | ||
Tony Quirke (Sales) | ||
Walbrook PR | Tel: +44 (0)20 7933 8780 or [email protected] | |
Anna Dunphy | Mob: +44 (0)7876 741 001 | |
Paul McManus | Mob: +44 (0)7980 541 893 |
About Fusion Antibodies plc
Fusion is a Belfast based contract research organisation ("CRO")
providing a range of antibody engineering services for the development
of antibodies for both therapeutic drug and diagnostic applications.
The Company's ordinary shares were admitted to trading on AIM on 18
December 2017. Fusion provides a broad range of services in antibody
generation, development, production, characterisation and optimisation.
These services include antigen expression,
antibody production, purification and sequencing, antibody humanisation
using Fusion's proprietary CDRxTM platform and the
production of antibody generating stable cell lines to provide material
for use in clinical trials. Since
2012, the Company has successfully sequenced and expressed over 250
antibodies and successfully completed over 200 humanisation projects and
has an international, blue-chip client base, which has included eight of
the top 10 global pharmaceutical
companies by revenue.
The Company was established in 2001 as a spin out from Queen's University
Belfast. The Company's mission is to enable pharmaceutical and
diagnostic companies to develop innovative products in a timely and
cost-effective manner for the benefit of the global
healthcare industry. Fusion Antibodies provides a broad range of
services in antibody generation, development, production,
characterisation and optimisation.
Fusion Antibodies growth strategy is based on combining the latest
technological advances with cutting edge science to deliver new
platforms that will enable Pharma and Biotech companies get to the
clinic faster, with the optimal drug candidate and ultimately
speed up the drug development process.
The global monoclonal antibody therapeutics market was valued at $135.4
billion in 2018 and is forecast to surpass $212.6 billion in 2022, an
increase at a CAGR of 12.0 per cent. for the period 2018 to 2022. In
2017, seven of the world's ten top selling
drugs were antibody-based therapeutics with the combined annual sales of
these drugs exceeding $63.2 billion.