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

Avacta has announced its appointment of BBI Solutions, part of BBI Group (‘BBI’), to manufacture the saliva-based rapid SARS-CoV-2 antigen test that is being developed with its partner, Cytiva (formerly part of GE Healthcare Life Sciences).

This follows news from 22 April 2020 , that the partnership had progressed rapidly with several highly specific Affimer® reagents having already been successfully generated.

Anticipating very high demand for the test, BBI has now been selected as a preferred manufacturing partner, while Avacta also continues discussions with other high volume producers with a view to ensuring access to additional capacity that may be needed to address global needs both now and in the future.

Read More AvactaGroupplc_6_8_2020_FINAL_BG.pdf

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.


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