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Oxford BioMedica ( (GB:OXB) ) has shared an update.
Oxford BioMedica (OXB) has expanded its US presence by acquiring a commercial-scale viral vector manufacturing facility in North Carolina from Resilience. This acquisition aligns with OXB’s strategy to enhance its US GMP capacity, meeting growing client demand and strengthening its global CDMO network. The facility will support late-stage programs and commercial launches, particularly in the adeno-associated virus field, and is expected to bolster OXB’s competitive position in the global viral vector market. The acquisition is anticipated to support OXB’s long-term growth outlook and maintain existing financial guidance, with integration planning already underway.
The most recent analyst rating on (GB:OXB) stock is a Buy with a £970.00 price target. To see the full list of analyst forecasts on Oxford BioMedica stock, see the GB:OXB Stock Forecast page.
Spark’s Take on GB:OXB Stock
According to Spark, TipRanks’ AI Analyst, GB:OXB is a Neutral.
Oxford BioMedica’s overall score reflects strong earnings call insights and positive corporate events, indicating strategic growth and leadership confidence. However, financial performance challenges and valuation concerns moderate the score.
To see Spark’s full report on GB:OXB stock, click here.
More about Oxford BioMedica
OXB is a global contract development and manufacturing organization (CDMO) specializing in cell and gene therapy. With 30 years of experience, the company provides viral vector development and manufacturing expertise, collaborating with leading pharmaceutical and biotechnology firms. OXB’s capabilities span from early-stage development to commercialization, supported by robust quality-assurance systems and regulatory expertise. Headquartered in Oxford, UK, OXB operates facilities in the UK, France, and the US.
Average Trading Volume: 248,755
Technical Sentiment Signal: Buy
Current Market Cap: £739.3M
Learn more about OXB stock on TipRanks’ Stock Analysis page.