Avacta Group PLC
LSE:AVCT

Watchlist Manager
Avacta Group PLC Logo
Avacta Group PLC
LSE:AVCT
Watchlist
Price: 79 GBX 1.28% Market Closed
Market Cap: 344.8m GBX

Avacta Group PLC
Investor Relations

Avacta Group Plc engages in the provision of Affimer reagents for licensing into third-party research and diagnostic products, and creates new Affimer medicines for development in-house and licensing to large pharmaceutical companies. The company is headquartered in Wetherby, West Yorkshire. The company went IPO on 2003-09-08. The firm is focused on developing cancer immunotherapies and diagnostics based on its Affimer and prelCISION platforms. The company has two divisions: Therapeutics and Diagnostics. Avacta’s therapeutics division develops cancer immunotherapies combining its platforms: Affimer biotherapeutics and prelCISION tumor targeted chemotherapy. The Affimer platform is a class of biotherapeutic based on a naturally occurring human protein. Avacta's prelCISION targeted chemotherapy platform releases active chemotherapy in the tumor, which limits the systemic exposure that causes damage to healthy tissues, and thereby improves the overall safety and therapeutic potential of these anti-cancer treatments. Avacta’s diagnostics division utilizes its Affimer platform to develop diagnostics and works with partners world-wide to develop Affimer reagents with the objective of establishing royalty-bearing license deals.

Show more
Loading
AVCT
FTSE All Share Index
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q2 2025
Call Date
Sep 30, 2025
AI Summary
Q2 2025

Clinical Progress: Avacta's lead program faridoxorubicin (FAP-Dox/AVA6000) advanced to Phase Ib expansion, with pivotal data expected late 2025 and further updates at ESMO in October.

Second Program Milestone: FAP-exatecan (AVA6103) remains on track to dose its first patient in Q1 2026, with encouraging preclinical data showing durable responses.

Financial Position: Cash at period end was GBP 12.65 million, with a cash runway extending into Q1 2026. Recent proceeds from asset sales and equity raises have supported operations and bond payments.

Funding & Partnerships: Management is focused on securing partnerships to fund further development, prioritizing non-dilutive deals and keeping full ownership of FAP-exatecan until clinical data emerges.

Strategic Outlook: Multiple commercial opportunities, industry interest, and a strong IP position underpin confidence in the pre|CISION platform's potential.

Shareholder Engagement: Commitment to improved communications with regular investor updates around data releases and direct engagement events.

Key Financials
Cash and cash equivalents
GBP 12.65 million
Cash outflows from operations and working capital
GBP 12.14 million
Cash inflows from investing activities
GBP 8.77 million
Convertible bond balance
GBP 25.5 million as of June 30, 2025; reduced to GBP 22.95 million by September 30, 2025
Recent bond settlement
GBP 5.1 million year-to-date
Proceeds from Coris sale
GBP 2.15 million
Gross funds raised (2025)
GBP 6.5 million
Earnings Call Recording
Other Earnings Calls
2025

Management

Dr. Christina Marie Coughlin B.S., M.D., Ph.D.
CEO, Interim Chief Medical Officer and Director
No Bio Available
Mr. Tony Gardiner
CFO & Company Secretary
No Bio Available
Dr. Michelle Morrow Ph.D.
Chief Scientific Officer
No Bio Available
Ms. Emma Wright
Group In-House Counsel
No Bio Available
Mr. Michael Vinegrad
Group Communications Director
No Bio Available
Mr. R. Craig Slater FCA
Chief Operating Officer of Diagnostics
No Bio Available
Mr. David Wilson
Chief Commercial Officer of Diagnostics
No Bio Available
Ms. Karen Harrison
Chief Operating Officer of Therapeutics Division
No Bio Available
Mr. Ian Jones
Joint Managing Director of Launch Diagnostics
No Bio Available

Contacts

Address
WEST YORKSHIRE
Wetherby
Unit 20, Ash Way
Contacts
+441904217070.0
www.avacta.com