Report

Abzena (ABZA): Disappointing trading statement fully discounted

Abzena is a global life sciences group offering a broad range of integrated services and technologies to enable the development of better biopharmaceutical drugs. With strong footprints in both the US and UK, the company provides a fee-for-service offering with the opportunity of embedding its technology – ‘Abzena Inside’ – into commercial products, with potential to derive a long-term royalty stream. Following a period of integration, a capital increase was undertaken in April 2017 for capital investment to accelerate the growth opportunity. While this remains the case, short-term trading has been impacted, increasing time to profitability.
Underlying
Abzena

Abzena is providing a range of complementary services and technologies for the selection, development and manufacture of biopharmaceuticals.

Provider
Hardman & Co
Hardman & Co

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