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HealthPharma & Biotech
Abzena PLC

Abzena CEO on the potential for acquisitions and reaching profitability

John Burt, the chief executive of Abzena (LON:ABZA), discusses the company’s business model, the busy period of newsflow ahead, and the potential for acquisitions.

While profitability may be a few years away yet, Burt says there are already a few products in the clinic that the company will be able to earn royalties from.

The company raised £20 million in last July’s IPO, which Burt says ‘gives a good platform for the future because our business model doesn’t require a lot of capital because we’re not funding clinical trials’.

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