Oxford BioMedica (OXB): Deal-making drives firs...

Hardman & Co Research
Hardman & Co Research: Oxford BioMedica (OXB): Deal-making drives first annual profit

02-Apr-2019 / 07:15 GMT/BST


Hardman & Co: Deal-making drives first annual profit

OXB is a specialist, advanced therapy, viral-vector biopharmaceutical company. It offers vector manufacturing and development services, while developing proprietary drug candidates. OXB also receives royalties on commercial products developed with its LentiVector(R) platform. 2018 delivered significant growth in gross income, primarily through licensing income from new partnership deals with Axovant Sciences (AXON) and Bioverativ (BIVV). Licensing income was of a magnitude that delivered OXB's first full-year underlying operating profit, despite weaker-than-anticipated bioprocessing/commercial sales and investment to increase capacity.

https://www.hardmanandco.com/research/corporate-research/deal-making-drives-first-annual-profit/

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