4basebio (4BB)

Sector:

Pharma and Biotech

Index:

FTSE AIM All-Share

 1,035.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 1,070.00
  • 52 Week Low: 500.00
  • Currency: UK Pounds
  • Shares Issued: 12.81m
  • Volume: 2,421
  • Market Cap: £132.53m

4basebio launches two new synthetic DNA products

By Josh White

Date: Wednesday 23 Mar 2022

LONDON (ShareCast) - (Sharecast News) - Cell and gene therapy developer 4basebio announced the expansion of its synthetic DNA product offering on Wednesday.
The AIM-traded firm said, following its announcement last June on the development of its 'hpDNA' and 'osDNA' synthetic constructs, it had now added 'opDNA' and 'oeDNA' to its offering.

It said the launch reflected the "uniquely customisable characteristics" of its synthetic DNA technology.

The company described opDNA as a partially opened, linear, double-stranded DNA product, with each molecule featuring a hairpin on either the 3' or 5' end, with an opposite open end.

4basebio said the open end of the construct could include an overhang or blunt end, with the product "ideally suited" as a template for IVT production of mRNA.

oeDNA, meanwhile, was described as a linear open-ended, double-stranded DNA product where both 3' and 5' ends are open, adding that constructs could be generated with blunt ends, overhangs or any combination thereof.

The board said that like all of the firm's DNA products, oeDNA was resistant to degradation by exonuclease, and thus suitable for in vivo applications.

It added that the format was ideal for genome editing by homology-directed repair (HDR).

"The development of our DNA product range over the past 12 months underscores the flexibility of our technology and our ability to customise DNA for particular uses," said chief executive officer Dr Heikki Lanckriet.

"We are able to modify our DNA constructs for an individual customer's specific application.

"Moreover, due to our synthetic process, we can move from receipt of a customer's sequence to a first GMP-compliant multi-gram batch within three months, significantly quicker than plasmid alternatives."

At 1400 GMT, shares in 4basebio were down 1.89% at 520p.

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4basebio Market Data

Currency UK Pounds
Share Price 1,035.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 1,070.00
52 Week Low 500.00
Volume 2,421
Shares Issued 12.81m
Market Cap £132.53m

4basebio Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
70.43% below the market average70.43% below the market average70.43% below the market average70.43% below the market average70.43% below the market average
28.3% below the sector average28.3% below the sector average28.3% below the sector average28.3% below the sector average28.3% below the sector average
Price Trend
97.59% above the market average97.59% above the market average97.59% above the market average97.59% above the market average97.59% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Income Not Available
Growth
35.18% below the market average35.18% below the market average35.18% below the market average35.18% below the market average35.18% below the market average
51.35% below the sector average51.35% below the sector average51.35% below the sector average51.35% below the sector average51.35% below the sector average

4basebio Dividends

No dividends found

Trades for 18-Apr-2024

Time Volume / Share Price
16:27 2,008 @ 1,070.00p
15:59 95 @ 1,048.00p
13:38 237 @ 1,050.00p
11:06 81 @ 1,069.00p

4basebio Key Personnel

CEO Heikki Lanckriet
CFO David John Roth

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