4basebio’s half-year results for period ended 30 June 2021 reflect consistent progress towards its main objectives. It generated revenues of £0.18m with a pre-tax loss of £1.85m (H1 2020: £0.38m, +385%) and ended the period with £12.1m cash, providing it with a cash runway beyond 2023. The recent start of the development of a Good Manufacturing Practice (GMP) facility is a pivotal event, demonstrating that its validated lab processes can be transferred to pilot-scale manufacture. When fully oper ....
