Fusion Antibodies Plc (GB:FAB) has released an update.
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Fusion Antibodies Plc has secured a contract to develop a therapeutic antibody to combat a chronic disease, expecting to generate £200,000 in revenue within the current financial year, along with future royalties from commercial sales. The company continues to leverage its expertise in antibody engineering, working closely with a long-standing US biotech client, with whom they have an ongoing $650,000 project. Fusion Antibodies’ growth strategy focuses on accelerating the drug development process for pharmaceutical and diagnostic companies.
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