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ALLERGY THERAPEUTICS PLC

Report Publication Announcement Jul 1, 2019

7477_rns_2019-07-01_012bf612-01fc-418a-aade-14107fa22cae.html

Report Publication Announcement

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National Storage Mechanism | Additional information

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Hardman & Co Research

Hardman & Co Research: Oxford BioMedica (OXB): Eying up long-term value

01-Jul-2019 / 07:15 GMT/BST


Hardman & Co: Eying up long-term value

Oxford BioMedica (OXB) is a specialist, advanced therapy, viral-vector biopharma company. It offers vector manufacturing and development services, while developing proprietary drug candidates, with its LentiVector(R) platform. 2018 saw significant growth in gross income, the majority through licensing deals. A new R&D collaboration deal with Santen, coupled with the recent equity financing and debt repayment, demonstrate OXB's deal-making ability and its strategy to secure future, long-term potential. Near term, this R&D arrangement will provide modest additional profit, adding confidence to OXB's new net cash status in 2019.

Please click here for the full report:

https://www.hardmanandco.com/research/corporate-research/eying-up-long-term-value/

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Hardman & Co

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EC2M 1NH

www.hardmanandco.com

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Dr Martin Hall

Dr Dorothea Hill

Dr Gregoire Pave



+44 20 7194 7622
[email protected]

[email protected]

[email protected]

Hardman & Co Research can still be accessed for free after MiFID II. Please click here to read the statement.

About Hardman & Co: For the past 21 years Hardman has been producing specialist research designed to improve investors' understanding of companies, sectors, industries and investment securities. Our analysts are highly experienced in their sectors, and have often been highly rated by professional investors for their knowledge. Our focus is to raise companies' profiles across the world with high-quality research, investor engagement programmes and advisory services.

Hardman Research Ltd, trading as Hardman & Co, is an appointed representative of Capital Markets Strategy Ltd and is authorised and regulated by the Financial Conduct Authority; our FCA registration number is 600843. Hardman Research Ltd is registered at Companies House with number 8256259.

Our research is provided for the use of the professional investment community, market counterparties and sophisticated and high net worth investors as defined in the rules of the regulatory bodies. It is not intended to be made available to unsophisticated retail investors. Anyone who is unsure of their categorisation should consult their professional advisors. This research is neither an offer, nor a solicitation, to buy or sell any security. Please read the note for the full disclaimer.


Dissemination of a CORPORATE NEWS, transmitted by EQS Group.

The issuer is solely responsible for the content of this announcement.


End of Announcement - EQS News Service

833299  01-Jul-2019 

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