EXN 4basebio AG

DGAP-News: 4basebio AG: 4basebio provides Phi29 DNA polymerase variants and expertise to develop improved detection system for SARS-CoV-2 infection

DGAP-News: 4basebio AG / Key word(s): Alliance
4basebio AG: 4basebio provides Phi29 DNA polymerase variants and expertise to develop improved detection system for SARS-CoV-2 infection

22.04.2020 / 10:30
The issuer is solely responsible for the content of this announcement.


4basebio provides Phi29 DNA polymerase variants and expertise to develop improved detection system for SARS-CoV-2 infection

Heidelberg, Germany and Cambridge, UK, 22 April 2020 - 4basebio AG (Frankfurt: 4BSB; ISIN: DE000A2YN801; Prime Standard) announced today its support to develop a faster and more sensitive test for SARS-CoV-2 infection. The Carlos III Health Institute (Instituto de Salud Carlos III) that belongs to the Spanish Ministry of Science and Innovation, will fund a research program that is aimed to develop a new way of SARS-CoV-2 diagnosis based on Phi29 DNA polymerase amplification. 4basebio will supply the enzymes and technical support within this project.

The suggested novel method is expected to have important advantages with respect to current PCR-based detection methods for SARS-CoV-2 infection:

- no reverse transcription required

- performable at room temperature, bypassing the need for thermal cyclers

- faster and cheaper

- potentially increased sensitivity

The work schedule that is planned to be performed within 2 months will include the assay setup and validation, assay calibration and confirmation in clinical samples.

The goal is to pave the way to an industrially scalable test, boosting the capacity of early SARS-CoV-2 detection. The test should have a priority orientation towards the diagnosis of the early stages of infection in humans and therefore allowing the prediction of the severity for the purpose of healthcare stratification.

The test should be ultimately performed at primary assistance centers with minimal equipment, and even constitute the basis for portable or disposable detection devices. Finally, in a longer term, it is worth noting that a similar principle could be also applied to the detection of other viral infections, and, as a matter of fact, of any nucleic acid target.

The research project will be overseen by two principal investigators: Felipe Cortés Ledesma from the Spanish National Cancer Research Center () and Luis Blanco Dávila who works at the "Severo Ochoa" Molecular Biology Center (). Additional support will come from Miguel de Vega from the "Severo Ochoa" Molecular Biology Center, who developed QualiPhi, an improved version of Phi29 DNA polymerase, patented by the Spanish National Research Council (/en/csic) and licensed to 4basebio. This enzyme will be provided by 4basebio and tested in the project.

About 4base bio:
4basebio AG, formerly operating under the name of Expedeon AG, is an enabler of exciting advances in medical science and patient care. After divestment of its immunology and proteomics products portfolio on January 1 2020, the Company changed its name to 4basebio AG reflecting the enhanced focus on technologies and products centered around DNA. The Company is focussing on DNA manufacturing to supply DNA products for therapeutic and other uses requiring large amounts of high-purity DNA, such as the fast-growing market of novel gene therapies and gene vaccines. Besides DNA manufacturing, 4basebio aims at providing research and diagnostic products based on its RNA reverse transcriptase, DNA polymerase and DNA primase enzymes, addressing the research tools and diagnostic products markets.
4basebio AG has offices in Germany, Spain, UK, and the US. The Company is listed on the Prime Standard segment of the Frankfurt Stock Exchange (Ticker: 4BSB; ISIN: DE000A2YN801).
More information:

***
For further information, please contact:

4basebio AG
Dr. Robert Mayer
Manager Investor Relations
T: 0
Email:
Investors' information: investors.4basebio.com

MC Services AG (Investor Relations and International Media Relations)
Julia Hofmann
Phone:
Email:

### This publication is intended for information only and constitutes neither an offer to sell nor an invitation to buy securities. Some statements included in this press release, relating neither to proven financial results nor other historical data, should be viewed as forward-looking, i.e. not definite. Such statements are mainly predictions of future results, trends, plans or goals. These statements should not be considered to be total guarantees since given their very nature they are subject to known and unknown risks and imponderability and can be affected by other factors as a consequence of which the actual results, plans and goals of 4basebio AG may deviate greatly from the established conclusions or implied predictions contained in such statements. 4basebio does not undertake to publicly update or revise these statements in the light of new information or future results or for any other reason. ###



22.04.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at


Language: English
Company: 4basebio AG
Waldhofer Str. 102
69123 Heidelberg
Germany
Phone: +49 (0) 6221 3540 125
Fax: +49 (0) 6221 3540 127
E-mail:
Internet:
ISIN: DE000A2YN801
WKN: A2YN80
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1026993

 
End of News DGAP News Service

1026993  22.04.2020 

fncls.ssp?fn=show_t_gif&application_id=1026993&application_name=news&site_id=research_pool
EN
22/04/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on 4basebio AG

 PRESS RELEASE

DGAP-News: 4basebio AG: 4basebio AG meldet Finanzergebnisse für das e...

DGAP-News: 4basebio AG / Schlagwort(e): Halbjahresergebnis 4basebio AG: 4basebio AG meldet Finanzergebnisse für das erste Halbjahr 2020 13.08.2020 / 07:30 Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. - 4basebio meldet starken Gewinn im ersten Halbjahr - Barguthaben und flüssige Mittel über 100 Millionen EUR - Fortschritte und anhaltende Investitionen bei der DNA-Herstellung - Bei Rückkaufprogramm in Q1 erworbene eigene Aktien wurden nun eingezogen Eine Telefonkonferenz für Investoren und Analysten in englischer Sprache findet heu...

 PRESS RELEASE

DGAP-News: 4basebio AG: 4basebio AG reports first six months of 2020 f...

DGAP-News: 4basebio AG / Key word(s): Half Year Results 4basebio AG: 4basebio AG reports first six months of 2020 financial results 13.08.2020 / 07:30 The issuer is solely responsible for the content of this announcement. - 4basebio reports strong H1 profit - Cash balances and liquid resources of EUR 100 million - Ongoing progress and investment in DNA manufacturing capabilities - Treasury shares held in Q1 following share buyback now cancelled Conference call for investors and analysts to be held today, 13 August 2020, 3:00pm CEST/2:00pm BST Heidelberg, Germany and...

 PRESS RELEASE

DGAP-News: 4basebio AG: 4basebio informiert über ein Übernahmeangebo...

DGAP-News: 4basebio AG / Schlagwort(e): Übernahmeangebot 4basebio AG: 4basebio informiert über ein Übernahmeangebot der Sparta AG 28.07.2020 / 07:30 Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. Heidelberg, und Cambridge, Großbritannien, 28. Juli 2020 - Die 4basebio AG (Frankfurt: 4BSB; ISIN: DE000A2YN801; Prime Standard) gibt bekannt, dass ihr Investor Sparta AG beabsichtigt, ein Übernahmeangebot für die Anteile der Firma abzugeben. Wie in einer am 27. Juli 2020 publizierten Mitteilung der Sparta AG angekündigt, hat die Sparta AG b...

 PRESS RELEASE

DGAP-News: 4basebio AG: 4basebio informs about takeover bid by Sparta ...

DGAP-News: 4basebio AG / Key word(s): Offer 4basebio AG: 4basebio informs about takeover bid by Sparta AG 28.07.2020 / 07:30 The issuer is solely responsible for the content of this announcement. Heidelberg, Germany and Cambridge, UK, 28 July, 2020 - 4basebio AG (Frankfurt: 4BSB; ISIN: DE000A2YN801; Prime Standard) announces that its investor Sparta AG intends to submit a takeover bid for the company's shares. According to an announcement Sparta published on July 27, 2020, Sparta has decided to make a voluntary public takeover offer to all 4basebio shareholders to buy th...

 PRESS RELEASE

DGAP-News: 4basebio AG: 4basebio reports on results of Annual General ...

DGAP-News: 4basebio AG / Key word(s): AGM/EGM 4basebio AG: 4basebio reports on results of Annual General Meeting 2020 17.06.2020 / 17:30 The issuer is solely responsible for the content of this announcement. Heidelberg, Germany and Cambridge, UK, 17 June 2020 - 4basebio AG (Frankfurt: 4BSB; ISIN: DE000A2YN801; Prime Standard) announces the results of the Annual General Meeting (AGM) held today on June 17, 2020. The shareholders approved all resolutions proposed by the Management Board and Supervisory Board, published in the Federal Gazette on May 8, 2020, with a large ma...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch