01 sep 25   avacta group plc - avacta completes sale of coris bioconcept avacta group plc | avct | 61.0 0 0.0% | mkt cap: 246.8m    rns number : 3732x avacta group plc 01 september 2025   avacta announces completion of the sale of coris bioconcept srl     london and philadelphia - september 1, 2025 - further to the announcement on july 28, 2025, avacta group plc (aim: avct) a life sciences company developing innovative, targeted oncology drugs, today announces that all closing conditions to the sale of the entire issued share capital of coris bioconcept srl to 3b blackbio dx ltd have been satisfied and the completion of the sale took place on friday august 29, 2025.     -ends-   for further information from avacta, please contact:     peel hunt (nomad and joint broker) james steel / chris golden      www.peelhunt.com   panmure liberum (joint broker) emma earl / will goode / mark rogers   zeus (joint broker) james hornigold / george duxberry dominic king   www.panmureliberum.com       www.zeuscapital.co.uk   icr healthcare (europe/uk media and investors) mary-jane elliott / jessica hodgson / stephanie cuthbert avacta@icrhealthcare.com     investor contact renee leck thrust strategic communications     renee@thrustsc.com   media contact carly scaduto carly scaduto consulting carly@carlyscadutoconsulting.com      about avacta - www.avacta.com avacta therapeutics is a clinical-stage life sciences company expanding the reach of highly potent cancer therapies with the pre|cision® platform. pre|cision® is a proprietary payload delivery system based on a tumor-specific protease (fibroblast activation protein or fap) that is designed to concentrate highly potent payloads in the tumor microenvironment while sparing normal tissues. our innovative pipeline consists of pre|cision® peptide drug conjugates (pdc) or affimer® drug conjugates (affdc) that leverage the tumor-specific release mechanism, providing unique benefits over traditional antibody drug conjugates.   about the pre|cision® platform the pre|cision® platform comprises an anticancer payload conjugated to a proprietary peptide that is a highly specific substrate for fibroblast activation protein (fap) which is upregulated in most solid tumors compared with healthy tissues. the pre|cision® platform harnesses this tumor specific protease to cleave pre|cision® peptide drug conjugates and pre|cision® antibody/affimer® drug conjugates in the tumor microenvironment, thus releasing active payload in the tumor and reducing systemic exposure and toxicity, allowing dosing to be optimized to deliver the best outcomes for patients.           this information is provided by rns, the news service of the london stock exchange. rns is approved by the financial conduct authority to act as a primary information provider in the united kingdom. terms and conditions relating to the use and distribution of this information may apply. for further information, please contact rns@lseg.com or visit www.rns.com.  rns may use your ip address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. for further information about how rns and the london stock exchange use the personal data you provide us, please see our privacy policy.   end   disdzgfrlmkgkzm return to news summary

Label: Neutral