4basebio Plc Grant received from the Bill and Melinda Gates Foundation
01 Agosto 2023 - 8:00AM
UK Regulatory
TIDM4BB
1 August 2023
4basebio PLC
("4basebio", the "Company" or the "Group")
4basebio receives grant to advance its synthetic DNA platform and HermesT
nanoparticle platform for the development of
thermostable nucleic acid vaccines
· Funding from the Bill & Melinda Gates Foundation will build on preclinical
data demonstrating superior immune responses achieved with 4basebio's synthetic
DNA products as well as improved stability offered by its HermesT platform.
Cambridge, UK, 1 August 2023 - 4basebio PLC (AIM: 4BB), an innovation driven
biotechnology company enabling and accelerating development of advanced therapy
medicinal products (ATMPs) through its high performant synthetic DNA products
and non-viral, thermostable nucleic acid delivery platform, today announces it
has received a grant from the Bill & Melinda Gates Foundation (the "Foundation")
to advance the development program of thermostable nucleic acid based vaccines.
The development program aims to build on preclinical data demonstrating the
improved stability offered by the HermesT platform, the superior immune
responses achieved with 4basebio's synthetic DNA products and high-quality mRNA
produced from 4basebio opDNAT products.
The successful demonstration of the HermesT platform and 4basebio synthetic
nucleic acid payloads in infectious disease vaccines has the potential to
enhance the global availability of such innovative medicines.
Heikki Lanckriet, CEO and CSO of 4basebio, commented: "The Foundation's grant
recognises the potential of our HermesT and synthetic DNA platforms. The
enhanced stability offered by our vectors as well as the rapid turnaround time
offered through our synthetic DNA has the potential to enable a faster response
to pandemic needs and create highly performant and affordable vaccine products
in support of the global fight against infectious diseases."
For further enquiries, please contact:
4basebio PLC
+44 (0)12 2396 7943
Heikki Lanckriet
Nominated Adviser +44
(0)20 7213 0880
Cairn Financial Advisers LLP
Jo Tuner / Sandy Jamieson
Broker
+44 (0)20 7220 0500
finnCap Ltd
Geoff Nash/Richard Chambers/Charlotte Sutcliffe
Lionsgate Communications (Media Enquiries) +44 (0)77 91892509
Jonathan Charles
Notes to Editors
About 4basebio
4basebio (AIM: 4BB) is an innovation driven life biotechnology company focussed
on accelerating the development of advanced therapy medicinal products (ATMPs)
through its high performant synthetic DNA products and non-viral, cell targeting
nucleic acid delivery platform. The Company's objective is to become a market
leader in the manufacture and supply of high quality synthetic DNA products for
research, therapeutic and pharmacological use as well as development of target
specific non-viral vectors for the efficient delivery of payloads in patients.
The Company is offering GMP compliant DNA starting materials suitable for use in
AAV viral vector production as well as mRNA vaccine and therapeutics production.
Forward-looking statements
This announcement may contain certain statements about the future outlook for
the 4basebio. Although the directors believe their expectations are based on
reasonable assumptions, any statements about future outlook may be influenced by
factors that could cause actual outcomes and results to be materially different.
This information was brought to you by Cision http://news.cision.com
END
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