Business
Avacta to Present at Major European Conference
Avacta to Present at Major European Conference.
About this update from Avacta Group Plc
[{"type":"text","content":"\n \nRNS Number : 9662G Avacta Group PLC 12 November 2018 \n\n \n \n \n12 November 2018\nAvacta Group plc\n(\"Avacta\" or \"the Group\" or \"the Company\")\n \nAvacta's Chief Scientific Officer to Present Recent Data at Major European Conference\n \nAvacta Group plc (AIM: AVCT), the developer of Affimer® biotherapeutics and reagents, is pleased to announce that its Chief Scientific Officer, Dr Amrik Basran, will be presenting at the Protein Engineering Society of Europe meeting, which is taking place in Lisbon on 14 November 2018. Dr Basran will be presenting recent data relating to the pre-clinical development of the Group's lead therapeutic programme, a PD-L1/LAG-3 single molecule bispecific.\nDr Basran will focus particularly on the development of novel Affimer® bispecific formats that inhibit two immune checkpoints simultaneously. PD-L1 plays a key role in suppressing the immune system, and by blocking this checkpoint protein on tumour cells, it assists the immune system's attack on the cancer. The blocking of LAG-3 on T-cells helps to maintain the immune system attack and reduce T-cell exhaustion. \nThe Group is developing this single molecule bispecific therapy with a view to entering phase I clinical development in 2020, which will yield first-in-man clinical data for the Affimer® platform. Avacta is also building a pipeline of novel immuno-oncology Affimer® assets for clinical development and licensing.\n- Ends -\nFor further information from Avacta Group plc, please contact:\n \n\n\n\n\nAvacta Group plc\nAlastair Smith, Chief Executive Officer\nTony Gardiner, Chief Financial Officer\n \n\n\nTel: +44 (0) 844 414 0452\nwww.avacta.com \n\n\n\n\nfinnCap Ltd\nGeoff Nash / Giles Rolls - Nominated Adviser\nTim Redfern - Corporate Broking\n \nWG Partners\nNigel Birks / Nigel Barnes\nDavid Wilson / Claes Spang\n \n\n\nTel: +44 (0) 207 220 0500\nwww.finncap.com\n \n \nTel: +44 (0) 203 705 9318\nTel: +44 (0) 203 705 9317\nwww.wgpartners.co.uk\n \n\n\n\n\nZyme Communications (Trade and Regional Media)\nKatie Odgaard\n \nYellow Jersey (Financial Media and IR)\nSarah Hollins \nKatie Bairsto \n\n\nTel: +44 (0)7787 502 947\[email protected] \n \n \nTel: +44 (0)7764 947137\nTel: +44 (...