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20/11/2020 · Advanced Medical Solutions (AMS)  · Argentex Group PLC (AGFX)  · Frasers Group (FRAS)  · Fusion Antibodies PLC (FAB) 

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Mike Ashley’s Frasers has upped its stake in Mulberry and is obliged to contemplate a full acquisition. Read on for our thoughts on this and other updates here.

Fusion Antibodies: results underwhelm

Fusion Antibodies (LON: FAB), specialists in pre-clinical antibody discovery, for both therapeutic drug and diagnostic applications, underwhelmed with its interim results for the six months ending 30 September 2020, at least for a business with its high rating – the current market capitalisation is £29m.

Revenues rose 8.5% of £1.90m with losses remaining stable at £0.47m.

They expanded their R&D programme in the period by 50% to £271k to include a COVID-19 target…

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