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Abcam PLC ORD (ABCZF) is a global innovator in biological reagents and tools, serving life science researchers worldwide to accelerate their mission. Abcam's extensive product portfolio includes affinity binders, reagents, biomarkers, and assays, which are utilized by two-thirds of the world's 750,000 life science researchers. These products significantly contribute to over 20,000 peer-reviewed scientific publications annually.
Founded in 1998 and headquartered in Cambridge, UK, Abcam has grown to become a leader in the life sciences industry, with a presence in more than 130 countries and 13 sites globally. The company employs over 1,600 professionals, many of whom are based in leading life science research hubs around the world.
Abcam's core business involves the development, production, and distribution of high-quality antibodies, assays, and other research tools. The company's innovative platforms and world-leading antibody expertise help drive drug discovery, in vitro diagnostics, and therapeutics. By collaborating closely with researchers, Abcam continually updates its product portfolio to meet the evolving needs of the scientific community.
Recent notable achievements include the extension of a commercial licensing agreement with Pionyr Immunotherapeutics to support the progression of PY314, a promising anti-TREM2 monoclonal antibody currently in Phase 1 clinical studies. This collaboration exemplifies Abcam's commitment to advancing diagnostics and therapeutic solutions.
Financially, Abcam remains robust, consistently investing in research and development to maintain its competitive edge. The company is also actively involved in strategic partnerships and acquisitions to enhance its market position. For instance, the acquisition of Expedeon’s proteomics and immunology business in 2020 expanded Abcam’s product offerings and technological capabilities.
Abcam's leadership team is dedicated to fostering innovation and growth. The recent appointment of Tommy Thomas as Vice President of Investor Relations underscores the company's focus on strengthening investor relations and expanding its market presence.
For more information about Abcam and its latest developments, please visit their official website at www.abcam.com.
The Global Polyclonal Antibodies Market is projected to grow at a CAGR of 4% from 2022 to 2028, driven by increasing chronic diseases, healthcare expenditure, and technological advancements. The market benefits from a rise in the demand for personalized medicine, particularly in the Middle East and Africa.
Key players include Thermo Fisher Scientific, Merck KGaA, and Abcam (ABCZF). The competitive landscape is intense, with significant challenges including ethical concerns about animal sourcing and high production costs.
Opportunities arise from the growing application of polyclonal antibodies in diagnostics, especially for early disease detection. Key trends influencing market dynamics include the rising prevalence of chronic diseases and the increasing awareness of antibody benefits.
Abcam plc, a leading global supplier of life science research tools, has announced upcoming investor events. Michael Baldock, the Chief Financial Officer, will present at two conferences: the Bank of America 2023 Health Care Conference on May 9, 2023, and William Blair's 43rd Annual Growth Stock Conference on June 6, 2023. These events are significant for investors and will be accessible via a live audio webcast on Abcam's corporate website. Abcam aims to enhance the life sciences sector by providing validated antibodies, assays, and research tools. The company supports approximately 750,000 researchers across over 130 countries, continuously improving its offerings based on customer feedback. Founded in 1998 and headquartered in Cambridge, UK, Abcam's American Depositary Shares are traded on Nasdaq under the symbol ABCM.
Abcam plc, a leader in life science research tools, announced upcoming investor events to enhance communication with stakeholders. Chief Financial Officer Michael Baldock will present at the Bank of America 2023 Health Care Conference on May 9, 2023, at 10:40 AM PDT and at William Blair's 43rd Annual Growth Stock Conference on June 6, 2023, at 12:40 PM CDT. A live audio webcast of these presentations will be available on Abcam's investor website. Abcam, founded in 1998 and headquartered in Cambridge, UK, serves approximately 750,000 life science researchers globally, providing validated antibodies, assays, and other tools to support research and clinical goals, thereby advancing biology understanding and health improvements.
Abcam plc will announce its full-year results for the year ending 31 December 2022 on 20 March 2023 at 7:00 a.m. ET. Following the results, the Company will hold a live teleconference and webcast at 8:00 a.m. ET. Investors can access the webcast through the provided link or via the Company's investor section on its website. Abcam is a global leader in life science research tools, serving around 750,000 researchers in over 130 countries. The Company aims to enhance biological understanding and disease treatment through innovative reagents and tools.
Abcam provides an update on the cancellation of its Ordinary Shares' trading on AIM, effective from December 14, 2022. The last trading day will be December 13, 2022. Following this delisting, Abcam's American Depositary Shares (ADSs) will continue to be traded on Nasdaq under the ticker symbol ABCM. This shift aims to streamline trading and improve accessibility for investors. For more details on the process of converting Ordinary Shares to ADSs, visit the company's official website.
Abcam plc has successfully passed a resolution for the cancellation of its Ordinary Shares trading on the AIM market at its General Meeting held on November 11, 2022. A significant majority, 98.19%, voted in favor of the delisting, with 1.81% against. The final delisting will be effective from 7:00 a.m. on December 14, 2022. Shareholders can exchange their Ordinary Shares for American Depositary Shares (ADSs) without cost until December 14. This move is part of Abcam's strategy to consolidate its market presence and enhance shareholder value.
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