Result of AGM
24 September 2021
Fusion Antibodies plc (AIM: FAB), specialists in pre-clinical antibody
discovery, engineering and supply for both therapeutic drug and
diagnostic applications, announces that at the AGM held earlier today,
all resolutions were duly passed.
Full details of the voting results will be available on the Company’s website here: https://www.fusionantibodies-ir.com/
Enquiries:
| Fusion Antibodies plc | www.fusionantibodies.com | |
| Richard Jones, Chief Executive Officer | Via Walbrook PR | |
| James Fair, Chief Financial Officer | ||
| Allenby Capital Limited | Tel: +44 (0)20 3328 5656 | |
| James Reeve/Vivek Bhardwaj (Corporate
Finance) Tony Quirke (Sales and Corporate Broking) |
||
| Walbrook PR | Tel: +44 (0)20 7933 8780 fusion@walbrookpr.com | |
| Anna Dunphy | Mob: +44 (0)7876 741 001 | |
| Paul McManus | Mob: +44 (0)7980 541 893 | |
About Fusion Antibodies plc
Fusion is a Belfast based contract research organisation ("CRO")
providing a range of antibody engineering services for the development
of antibodies for both therapeutic drug and diagnostic applications.
The Company's ordinary shares were admitted to trading on AIM on 18
December 2017. Fusion provides a broad range of services in antibody
generation, development, production, characterisation and optimisation.
These services include antigen expression,
antibody production, purification and sequencing, antibody humanisation
using Fusion's proprietary CDRx TM platform
and the production of antibody generating stable cell lines to
provide material for use in clinical trials.
Since 2012, the Company has successfully sequenced and expressed
over 250 antibodies and successfully completed over 200 humanisation
projects and has an international, blue-chip client base, which has
included eight of the top 10 global pharmaceutical
companies by revenue.
The Company was established in 2001 as a spin out from Queen's University
Belfast. The Company's mission is to enable pharmaceutical and
diagnostic companies to develop innovative products in a timely and
cost-effective manner for the benefit of the global
healthcare industry. Fusion Antibodies provides a broad range of
services in antibody generation, development, production,
characterisation and optimisation.
Fusion Antibodies growth strategy is based on combining the latest
technological advances with cutting edge science to deliver new
platforms that will enable Pharma and Biotech companies get to the
clinic faster, with the optimal drug candidate and ultimately
speed up the drug development process.
The global monoclonal antibody therapeutics market was valued at $135.4
billion in 2018 and is forecast to surpass $212.6 billion in 2022, an
increase at a CAGR of 12.0 per cent. for the period 2018 to 2022. In
2017, seven of the world's ten top selling
drugs were antibody-based therapeutics with the combined annual sales of
these drugs exceeding $63.2 billion.
