bullish

Abzena plc

Abzena inside product progresses to Phase II

71 Views07 Mar 2017 19:30
Issuer-paid
SUMMARY

Abzena has announced the progression of one of the Abzena inside Composite Human Antibody products into a Phase II clinical trial. The product is being developed by a major US pharmaceutical company for the treatment of neurodegenerative conditions. We have increased our valuation to £105m (vs £102m) as a result of an increase of the Abzena inside product’s assigned probability (to 35% from 15%).

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