Contract extension with global pharma partner
Summary by AI BETAClose X
18 August 2025
Aptamer Group plc
("Aptamer", the "Company" or the "Group")
Contract extension and new work order with top 5 global pharma partner
Follow-on agreement advances Optimer® binders into a fully functional ELISA assay, retaining IP for future licensing opportunities
Aptamer Group plc (AIM: APTA), the leading developer of next-generation synthetic binders delivering innovation to the life science industry, is pleased to announce a contract extension, entailing a new work order, with a top 5 global pharmaceutical company.
As previously announced in the Company's commercial trading update on 6 November 2024, following the successful completion of a project for the development of Optimer® binders to support an ELISA assay, Aptamer has now secured an extension to this project.
This paid-for extension involves the conversion of these binders into a fully functional ELISA assay. This progression demonstrates the efficacy of Aptamer's Optimer® technology in meeting the partner's requirements and advances the project into assay development.
Aptamer retains ownership of the intellectual property associated with these binders, positioning the Company to potentially establish commercialisation licenses in the future. This extension underscores the Group's ability to deliver high-quality results that foster ongoing partnerships with leading pharmaceutical companies.
Dr Arron Tolley, Chief Executive Officer of Aptamer Group said: "We are delighted to have successfully completed the initial binder development phase for this top 5 pharma partner and to now extend our collaboration into assay conversion.
This milestone not only validates the performance of our Optimer® platform but also highlights its potential for broader applications in diagnostics and therapeutics. Retaining IP ownership provides us with opportunities for future licensing revenues, aligning with our strategy to build long-term value through repeat business and commercialisation pathways.
We look forward to providing further updates as this and other projects progress."
- Ends -
For further information, please contact:
|
Aptamer Group plc Dr Arron Tolley, Chief Executive Officer |
+44 (0) 1904 217 404 |
|
SPARK Advisory Partners Limited - Nominated Adviser Andrew Emmott / Jade Bayat |
+44 (0) 20 3368 3550 |
|
Turner Pope Investments (TPI) Limited - Broker James Pope / Andrew Thacker |
+44 (0) 20 3657 0050 |
|
Northstar Communications Limited - Investor Relations Sarah Hollins |
+44 (0) 113 730 3896 |
About Aptamer Group
Aptamer Group is a leading developer of next-generation synthetic binders delivering innovation to the life sciences industry. The Group develops Optimer® binders, advanced molecules that work like antibodies by attaching to specific targets in the body. These binders are used in medicine, diagnostic tests, and research tools, offering benefits like high stability, reliable performance, and lower costs compared to traditional antibodies.
Aptamer operates a fee-for-service business in the US$210 billion market for antibody alternatives, working with all top 10 global pharmaceutical companies. It is also building valuable Optimer® assets with partners, aiming for future licensing revenue.
Founded in 2008, the Group listed on the London Stock Exchange AIM market in December 2021 and is headquartered in York, UK.
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