Avacta Group PLC Shareholder update to review AVA6000 Phase 1a data (4866V)
04 December 2023 - 6:00PM
UK Regulatory
TIDMAVCT
RNS Number : 4866V
Avacta Group PLC
04 December 2023
4 December 2023
Avacta Group plc
("Avacta" or "the Group" or "the Company")
Shareholder update to review AVA6000 Phase 1a data
Avacta Group plc (AIM: AVCT), a life sciences company developing
innovative, targeted oncology drugs and powerful diagnostics, will
hold an online shareholder event via the Investor Meet Company
("IMC") platform on Wednesday 13 December at 11:00 a.m. GMT.
Avacta's Chief Executive Officer, Alastair Smith, Chief
Scientific Officer, Fiona McLaughlin and Consultant Chris Coughlin
will present a detailed review of the AVA6000 clinical trial's
Phase 1a data, followed by an investor Q&A. Questions can be
submitted in advance via the IMC platform.
Investors who already follow Avacta on IMC will automatically be
invited to join the live stream. Investors who do not have an IMC
account can sign up for free at
https://www.investormeetcompany.com/avacta-group-plc/register-investor
and then click "Add to meet" on the Avacta page in order to receive
an invitation.
-Ends-
For further information from Avacta Group plc, please
contact:
Avacta Group plc Tel: +44 (0) 1904 21 7070
Alastair Smith, Chief Executive www.avacta.com
Officer
Tony Gardiner, Chief Financial Officer
Michael Vinegrad, Group Communications
Director
Stifel Nicolaus Europe Limited (Nomad Tel: +44 (0) 207 710 7600
and Broker) www.stifel.com
Nicholas Moore / Nick Adams / Samira
Essebiyea / Nick Harland / William
Palmer-Brown
Consilium Strategic Communications avacta@consilium-comms.com
(Media and IR)
Mary-Jane Elliott / Jessica Hodgson
/ Sukaina Virji
About Avacta Group plc - https://www.avacta.com
Avacta Group plc is a life sciences company working to improve
people's health and well-being through innovative oncology drugs
and powerful diagnostics. Operating through two divisions,
Diagnostics and Therapeutics, the Group's mission is to provide
professionals and consumers with solutions that improve healthcare,
fitness and well-being.
Avacta's Therapeutics Division, a clinical stage oncology drug
innovator, is building a wholly owned pipeline of novel Affimer(R)
immunotherapies and pre|CISION(TM) tumour targeted chemotherapies.
This approach is designed to address the lack of a durable response
to current cancer immunotherapies experienced by most patients and
reduce the severe systemic toxicities caused by chemotherapies.
There are five programmes in the pipeline as well as several global
research collaborations and licensing partnerships. Avacta's lead
programme, AVA6000, is a preCISION(TM) tumour-targeted form of the
established chemotherapy doxorubicin. AVA6000 is in Phase I
clinical trials in patients with locally advanced or metastatic
selected solid tumours.
The Affimer(R) platform is an alternative to antibodies that has
been designed to address many of the drawbacks of antibodies which,
despite their shortcomings, currently dominate the
immuno-diagnostics and immuno-therapeutics markets.
The pre|CISION(TM) tumour targeting platform can be used to
modify a chemotherapy in order to selectively release the active
drug in tumour tissue thereby reducing the systemic exposure that
causes damage to healthy tissues. pre|CISION(TM) modified
chemotherapies are designed to reduce the side effects and improve
the overall safety and therapeutic potential of these powerful
anti-cancer treatments.
Avacta's Diagnostics Division develops and supplies a broad
range of in-vitro diagnostic (IVD) solutions. The Division is
growing rapidly through an M&A strategy to deliver a global
scale IVD business providing market leading solutions for
healthcare professionals and consumers to inform treatment and
monitor health and well-being. In October 2022, Avacta acquired
Launch Diagnostics which serves the hospital pathology laboratory
market in the UK and Europe. In May 2023, Avacta acquired Coris
Bioconcept a Belgium based lateral flow test developer and
manufacturer adding a broad range of marketed professional-use
rapid tests into the Diagnostics Division. Avacta Diagnostic's
research and development centre in Wetherby, UK uses its
proprietary Affimer (R) platform to differentiate immunodiagnostic
products to provide marketing leading performance.
To register for news alerts by email go to
www.avacta.com/investor-news-email-alerts
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