Fusion Antibodies - Contract Win
Released
Released
Announcement PDF
RNS Number : 9469W
Fusion Antibodies PLC
28 August 2025
28 August 2025
Fusion Antibodies plc
("Fusion" or the "Company")
Contract Win
Fusion Antibodies plc (AIM: FAB),specialists in pre-clinical antibody discovery, engineering and supply for both therapeutic
drug and diagnostic applications,announces that it has been selected to proceed with a new humanisation project(the
"Humanisation Project") under an existing Master Service Agreement (the "Agreement") with a US based specialty division
of a global pharmaceutical company (the "Client").
While the Company expects to generate modest revenues from theHumanisation Project, itdemonstrates Fusion's ability to win
contracts with 'Big Pharma' companies. This is seen as a significant part of the Company's strategy not only in reducing
dependence on more volatile smaller clients, but also in seeking to exploit its novel technologies such as OptiMALĀ®.Work in
relation to the Humanisation Project is expected to complete within the current financial year.
Adrian Kinkaid, CEO of Fusion, said:"We are delighted to have been selected to humanise a family of antibodies for our
Client. It is particularly gratifying that a client of this magnitude and with all the resources available to it has selected Fusion
to undertake this critical work. We look forward to continuing to work with our Client to fulfil our mission to bring better
antibodies to the clinic more rapidly.The Humanisation Project highlights the world class reputation that Fusion has for
delivering high quality therapeutic antibodies.
"Whilst revenues from the new Humanisation Project will be relatively modest, winning this contract provides recognition of
our expertise in this highly competitive market. We look forward building on the excellent relationship with our Client."
Navigate to our Interactive Investor hub here:https://investorhub.fusionantibodies.com/. Engage with us by asking questions,
watching video summaries and seeing what other shareholders have to say.
Enquiries:
Investor questions on this
announcement
We encourage all investors to share
questions on this announcement via our
investor hub
https://investorhub.fusionantibodies.com/s/b8d633
Fusion Antibodies plc
Adrian Kinkaid, Chief Executive Officer
Stephen Smyth, Chief Financial Officer
www.fusionantibodies.com
Via Walbrook PR
Allenby Capital Limited
James Reeve/Vivek Bhardwaj
(Corporate Finance)
Tony Quirke/Joscelin Pinnington (Sales
and Corporate Broking)
Tel: +44 (0) 20 3328 5656
Shard Capital Partners LLP
Damon Heath (Joint Broker)
Walbrook PR
Anna Dunphy
Tel: +44 (0) 207 186 9952
Tel: +44 (0)20 7933 8780 or fusion@walbrookpr.com
Mob: +44 (0)7876 741 001
About Fusion Antibodies plc
Fusion is a Belfast based contract research organisation ("CRO") providing a range of antibody engineering services for the
development of antibodies for both therapeutic drug and diagnostic applications.
The Company's ordinary shares were admitted to trading on AIM on 18 December 2017. Fusion provides a broad range of
services in antibody generation, development, production, characterisation and optimisation. These services include antigen
expression, antibody production, purification and sequencing, antibody humanisation using Fusion's proprietary
CDRx TM platform and the production of antibody generating stable cell lines to provide material for use in clinical trials.
Since 2012, the Company has successfully sequenced and expressed over 250 antibodies and successfully completed over 200
humanisation projects and has an international, blue-chip client base, which has included eight of the top 10 global
pharmaceutical companies by revenue.
The Company was established in 2001 as a spin out from Queen's University Belfast. The Company's mission is to enable
pharmaceutical and diagnostic companies to develop innovative products in a timely and cost-effective manner for the benefit
of the global healthcare industry. Fusion Antibodies provides a broad range of services in antibody generation, development,
production, characterisation and optimisation.
Fusion Antibodies growth strategy is based on combining the latest technological advances with cutting edge science to
deliver new platforms that will enable Pharma and Biotech companies get to the clinic faster, with the optimal drug candidate
and ultimately speed up the drug development process.
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