4basebio PLC Achieves Robust Growth and Strategic Progress in 2024

4basebio PLC (LSE:4BB) reported impressive growth throughout 2024, with DNA sales revenue doubling year-over-year. The company also secured a £40 million equity funding round to accelerate its expansion initiatives. Key achievements last year include supplying synthetic DNA for vaccine clinical trials, gaining a GMP manufacturing license, and establishing a Strategic Advisory Board to guide its development efforts. These accomplishments reinforce 4basebio’s leadership in the synthetic DNA sector, with strong expectations for further innovation and revenue growth in 2025.

About 4basebio

Based in Cambridge, UK, 4basebio PLC specializes in life sciences services, focusing on the design, manufacturing, and commercialization of synthetic DNA and non-viral delivery technologies. The company primarily serves the cell and gene therapy and vaccine markets, providing products that offer faster production times and tailored benefits compared to traditional plasmid DNA. Operating across the UK and Spain, 4basebio emphasizes R&D to broaden its product range and market presence.

• Average Daily Trading Volume: 947

• Technical Sentiment: Hold

• Market Capitalization: £174.1 million

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