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Oxford BioMedica (OXB): Deal-making drives firs...

Oxford BioMedica (OXB): Deal-making drives firs....

articleOxford Biomedica PlcApril 2, 20193/company/oxford-biomedica-plc/news/oxford-biomedica-oxb-deal-making-drives-firs
Oxford BioMedica (OXB): Deal-making drives firs...

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[{"type":"text","content":"\n \nHardman & Co ResearchHardman & Co Research: Oxford BioMedica (OXB): Deal-making drives first annual profit02-Apr-2019 / 07:15 GMT/BST\nHardman & Co: Deal-making drives first annual profit\n\nOXB is a specialist, advanced therapy, viral-vector biopharmaceutical company. It offers vector manufacturing and development services, while developing proprietary drug candidates. OXB also receives royalties on commercial products developed with its LentiVector(R) platform. 2018 delivered significant growth in gross income, primarily through licensing income from new partnership deals with Axovant Sciences (AXON) and Bioverativ (BIVV). Licensing income was of a magnitude that delivered OXB's first full-year underlying operating profit, despite weaker-than-anticipated bioprocessing/commercial sales and investment to increase capacity.\n\nhttps://www.hardmanandco.com/research/corporate-research/deal-making-drives-first-annual-profit/\n\nTo contact us:Hardman & Co35 New Broad StreetLondonEC2M 1NHwww.hardmanandco.comFollow us on Twitter @HardmanandCo\n Contacts:Dr Martin HallDr Dorothea HillDr Gregoire Pave+44 20 7194 7622\n [email protected]@[email protected]\n \n \n\nHardman & Co Research can still be accessed for free after MiFID II. Please click here to read the statement.\n\nAbout Hardman & Co: For the past 21 years Hardman has been producing specialist research designed to improve investors' understanding of companies, sectors, industries and investment securities. Our analysts are highly experienced in their sectors, and have often been highly rated by professional investors for their knowledge. Our focus is to raise companies' profiles across the world with high-quality research, investor engagement programmes and advisory services.\n\nHardman Research Ltd, trading as Hardman & Co, is an appointed representative of Capital Markets Strategy Ltd and is authorised and regulated by the Financial Conduct Authority; our FCA registration number is 600843. Hardman Research Ltd is registered at Companies House with number 8256259.\n\nOur research is provided for the use of the professional investment community, market counterparties and sophisticated and high net worth investors as defined in the rules of the regulatory bodies. It is not intended to be made available to unsophisticat...

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