Abzena’s maiden FY results are in line with our expectations and highlight the strong progress made by the Group over the past 12 months. The company’s service offering has continued to see high levels of demand and repeat business, and helped drive a significant expansion of the number of licensing and licensing option agreements (currently >30 in total). Encouragingly, the late-stage programmes on which Abzena is eligible for royalties have progressed well, in particular GS-5745 (partnered wit ....
