10 April
2024
4basebio
PLC
("4basebio" or the
"Company")
4basebio announces the
supply of its opDNA™ DNA products into Tier 1 Pharma client’s
vaccine program
Cambridge, UK, 10 April
2024 - 4basebio PLC (AIM: 4BB), an innovation-led provider
of novel synthetic DNA products and a non-viral, thermostable
nucleic acid delivery platform, today announces the supply of its
HQ synthetic DNA to a Tier 1 Pharma Company. Following successful
completion of an opDNA™ evaluation study, our client has now
progressed to HQ opDNA™ for late preclinical studies for an mRNA
vaccine program. Supply of GMP grade material for clinical trials
is anticipated in Q3.
This announcement contains
inside information for the purposes of Article 7 of EU Regulation
596/2014 as amended by regulation 11 of the market abuse
(amendment) (EU Exit) regulations
2019/310.
Dr Heikki Lanckriet, CEO at the Company,
commented: "This is a major
achievement for our company and is significant both in terms of
product quantity and value. It’s a clear recognition of the
strengths of our synthetic DNA products, our product quality, and
our manufacturing
capabilities.
“There is strong interest
in our synthetic DNA products, and we are now supporting a growing
number of projects into the clinic. We expect client acquisition
and revenue generation to continue accelerating as our expanding
client base progress their clinical
programs.”
For further enquiries,
please
contact:
4basebio
PLC
Heikki Lanckriet
|
+44 (0)12 2396
7943 |
Nominated
Adviser
Cairn Financial Advisers
LLP
Jo Tuner / Sandy
Jamieson
|
+44 (0)20 7213
0880 |
Broker
Cavendish Capital Markets
Limited
Geoff Nash / Charlie
Beeson / Nigel Birks
|
+44 (0)20 7220
0500 |
Lionsgate Communications
(Media Enquiries)
Jonathan
Charles
|
+44 (0)77
91892509
|
Notes to
Editors
About
4basebio
4basebio (AIM: 4BB) is an
innovation driven life biotechnology company focused on
accelerating the development of advanced therapy medicinal products
(ATMPs) through its high-performance 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 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.