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Avacta Group Plc

‘Transformational’ year ahead for Avacta Group

Avacta Group’s CEO predicts a “transformational year” ahead with “momentous milestones” for the company as it progresses its Covid-19 test and other products.

The Whittlesford-based drug development company unveiled interim results for the six months to the end of June, which showed revenues growing to £1.8million, compared to £1.1m in the same period the previous year.

Avacta Group Plc (LON:AVCT) offers reagents and therapeutics based on Affimer technology for diagnostic and research applications in the United Kingdom. The company’s custom Affimer products are also used in drugs and biomarkers discovery in biotech research and development.