4basebio (4BB)

Sector:

Pharma and Biotech

Index:

FTSE AIM All-Share

1,014.00p
   
  • Change Today:
    -21.00p
  • 52 Week High: 1,070.00
  • 52 Week Low: 500.00
  • Currency: UK Pounds
  • Shares Issued: 12.81m
  • Volume: 95
  • Market Cap: £129.84m

4basebio enters neurofibromatosis collaboration with two universities

By Josh White

Date: Friday 10 Jun 2022

LONDON (ShareCast) - (Sharecast News) - Life sciences company 4basebio announced a collaboration with the University of Alabama (UA) and Teesside University (TU) on Friday, in a research project aimed at developing an effective treatment for neurofibromatosis type-1 (NF1).
The AIM-traded firm said the universities had been awarded almost $1m from the US-based Gilbert Family Foundation to fund a three-year research programmed, aimed at developing a "life-changing" gene therapy with applicability to all NF1 patients, and which would use a non-viral vector for targeted delivery of full length NF1 DNA.

It said it would support the project by designing and developing a non-viral 'Hermes' vector and 'hpDNA; sequence as payload for UA and TU.

4basebio described NF1 as a genetic condition, which causes usually-benign tumours to develop anywhere in the nervous system, including the brain, spinal cord and nerves.

Complications of NF1 could include learning difficulties, speech difficulties and skeletal malformations, heart and blood vessel problems, loss of vision, and severe pain.

NF1 is caused by mutations in the NF1 gene, which regulates the production of neurofibromin protein.

"We are very pleased to be able to support this research project and are delighted that this exciting collaboration between academia and industry has been recognised with the award from the Gilbert Family Foundation," said chief executive and scientific officer Dr Heikki Lanckriet.

Reporting by Josh White at Sharecast.com.

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4basebio Market Data

Currency UK Pounds
Share Price 1,014.00p
Change Today -21.00p
% Change -2.03 %
52 Week High 1,070.00
52 Week Low 500.00
Volume 95
Shares Issued 12.81m
Market Cap £129.84m

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 19-Apr-2024

Time Volume / Share Price
09:33 95 @ 1,026.00p

4basebio Key Personnel

CEO Heikki Lanckriet
CFO David John Roth

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