4basebio (4BB)

Sector:

Pharma and Biotech

Index:

FTSE AIM All-Share

1,416.67p
   
  • Change Today:
      16.67p
  • 52 Week High: 1,450.00
  • 52 Week Low: 500.00
  • Currency: UK Pounds
  • Shares Issued: 12.81m
  • Volume: 3,896
  • Market Cap: £181.41m

4basebio enters research collaboration with eTheRNA

By Josh White

Date: Tuesday 18 Jan 2022

LONDON (ShareCast) - (Sharecast News) - Cell and gene therapy intellectual property company 4basebio announced a strategic research collaboration between its wholly-owned subsidiary 4basebio Discovery and eTheRNA immunotherapies on Tuesday.
The AIM-traded firm described eTheRNA as a "pioneering company", driving mRNA technology and therapeutic product development for the treatment of cancer and infectious diseases.

It said that under the agreement, the companies would be collaborating on the use of 4basebio's synthetic 'osDNA' technology as a template for eTheRNA's in-vitro mRNA production.

The successful outcome of the project would pave the way for the use of a novel, high-performance and cost-effective DNA template for IVT mRNA synthesis.

"We are very excited to be working with eTheRNA, a leader in advanced mRNA technologies, in evaluating our proprietary linear DNA constructs as a template for mRNA production," said chief executive and scientific officer Heikki Lanckriet.

4basebio said mRNA technology had come into focus as a drug class to treat a wide variety of diseases with high unmet medical needs, exemplified by the success of vaccines to treat Covid-19.

Normally, linearised plasmid DNA is used as a starting template for in vitro transcription into mRNA, which is then translated in a patient's cells to produce proteins that could prevent or treat disease.

"We are delighted to be working with 4basebio and their exciting DNA synthesis technology," said Phil Challis, vice-president of product development at eTheRNA.

"This collaboration will allow us to validate the use of their novel linear DNA constructs in our mRNA production."

At 1332 GMT, shares in 4basebio were up 6.1% at 626p.

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4basebio Market Data

Currency UK Pounds
Share Price 1,416.67p
Change Today 16.67p
% Change 1.19 %
52 Week High 1,450.00
52 Week Low 500.00
Volume 3,896
Shares Issued 12.81m
Market Cap £181.41m

4basebio Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
72.05% below the market average72.05% below the market average72.05% below the market average72.05% below the market average72.05% below the market average
41.18% below the sector average41.18% below the sector average41.18% below the sector average41.18% below the sector average41.18% below the sector average
Price Trend
99.77% above the market average99.77% above the market average99.77% above the market average99.77% above the market average99.77% 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
35.24% below the market average35.24% below the market average35.24% below the market average35.24% below the market average35.24% below the market average
48.57% below the sector average48.57% below the sector average48.57% below the sector average48.57% below the sector average48.57% below the sector average

4basebio Dividends

No dividends found

Trades for 05-Jun-2024

Time Volume / Share Price
15:00 68 @ 1,450.00p
14:54 341 @ 1,450.00p
14:31 69 @ 1,440.00p
14:19 50 @ 1,440.00p
14:13 7 @ 1,404.00p

4basebio Key Personnel

CEO Heikki Lanckriet
CFO David John Roth

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