tiprankstipranks
Trending News
More News >

Fusion Antibodies Secures New Cell Line Development Contract

Story Highlights
  • Fusion Antibodies wins a contract for a Cell Line Development project with a US biotech firm.
  • The project is expected to generate $250,000 by 2025 and support future growth.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Protect Your Portfolio Against Market Uncertainty

Fusion Antibodies Plc ( (GB:FAB) ) has issued an announcement.

Fusion Antibodies plc has secured a contract for a new stable Cell Line Development project with a US biotechnology company, expected to generate $250,000 in revenue by the end of 2025. This project underscores Fusion’s reputation for delivering high-quality therapeutic antibodies and is anticipated to provide a financial foundation for the fiscal year ending March 2026, with potential for future growth in cell line development projects.

More about Fusion Antibodies Plc

Fusion Antibodies plc is a Belfast-based contract research organization specializing in antibody engineering services for therapeutic drug and diagnostic applications. Established in 2001 as a spin-out from Queen’s University Belfast, the company offers a comprehensive range of services including antibody generation, development, production, characterization, and optimization. Fusion Antibodies has a strong international client base, including eight of the top 10 global pharmaceutical companies, and aims to accelerate drug development through advanced technological platforms.

YTD Price Performance: 13.48%

Average Trading Volume: 1,706,954

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £7.68M

For an in-depth examination of FAB stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App