TPI provides its latest research note on Avacta Group Plc (AVCT.L).

Avacta released its unaudited interim results for the six-month period ended 30 June 2020 on Monday. They detailed a period of significant advancement for the Group despite the restrictions placed upon it by the ongoing Pandemic.

Very much echoing the view of many investors, the Chairman and CEO both described the  milestones that the Group shortly expects to pass, including clinical validation of a rapid, saliva based coronavirus antigen lateral flow test and its regulatory filing for AVA6000 pro-doxorubicin, the first pre|CISION pro-drug, as being ‘momentous’.

Together with multiple other pipeline opportunities, some of which have also been created using SARS-CoV-2 spike protein binding Affimers, such as progressing the BAMS™ assay with development partner Adeptrix in order to support CE marking and the recent detection & alert collaboration covering human breath and wastewater, the remainder of the second half and 2021 are likely to a very busy periods on the news front for Avacta.

With access to substantial financial resources, its Board now sees a runway out to 2023 for all planned developments while also satisfying any execution/OEM licensing/supply chain risks as it unlocks the potential of its two innovative therapeutic platforms.

Read More

We would draw your attention to the various disclaimers in the document both at the beginning and at the end of the note. Retail clients (as defined by the rules of the FCA) must not rely on the research document. In particular you should note that the research document is a non-independent marketing communication. The analyst who has prepared the research is aware that TPI provides research to Avacta Group Plc. Accordingly the research has not been prepared in accordance with legal requirements designed to promote the independence of investment research and is not subject to any prohibitions on dealing ahead of its dissemination.

The information in the document is published solely for information purposes and is not to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. The material contained in the document is general information intended for recipients who understand the risks associated with equity investment in smaller companies. It does not constitute a personal recommendation as defined by the FCA or take into account the particular investment objectives, financial situation or needs of individual investors nor provide any indication as to whether an investment, a course of action or the associated risks are suitable for the recipient.

Copyright © 2020 Turner Pope Investments (TPI) Limited, all rights reserved.


Linking Shareholders and Executives :Share Talk

If anyone reads this article found it useful, helpful? Then please subscribe www.share-talk.com or follow SHARE TALK on our Twitter page for future updates. Terms of Website Use All information is provided on an as-is basis. Where we allow Bloggers to publish articles on our platform please note these are not our opinions or views and we have no affiliation with the companies mentioned
avct - TPI provides its latest research note on Avacta Group Plc (AVCT.L).
Share via
Copy link
Malcare WordPress Security