4basebio files for patent on novel DNA type

Specialist gene therapy life sciences company 4basebio UK has filed a patent application for a novel protected and stabilised linear synthetic DNA type, dubbed ‘osDNA’, it announced on Tuesday.

  • 4basebio
  • 24 April 2024 17:19:56

Source: Sharecast

The AIM-traded firm explained that DNA is susceptible to degradation by nucleases, which are naturally-occurring enzymes within organisms, and which have a vital role in the regulation of many cellular processes while also protecting against foreign DNA species.

Enzymatic DNA degradation can render gene therapies ineffective, and is a “substantial consideration” when developing gene therapies or DNA vaccines.

The company said the osDNA product had demonstrated increased longevity compared to conventional DNA types.

Unlike ‘hpDNA’, which is a closed DNA construct, 4basebio said osDNA is open linear DNA and incorporates all of the established benefits of hpDNA over widely-used plasmid DNA, in particular the absence of bacterial backbone, antibiotic resistance genes or endotoxins.

As such, it claimed osDNA also benefited from a “high level” of purity.

Additionally, the company said a long terminal mono-nucleotide , or ‘homopolymeric’, sequence is an essential feature of high-quality mRNA.

Those types of sequences are known to be difficult to manufacture through plasmid fermentation.

It said osDNA is readily able to incorporate those sequences, positioning it as a “highly-suited template” for the production of mRNA products - an area of “significant” commercial opportunity for the company’s products and technologies.

“We are delighted to have filed this patent, further developing and broadening our technology portfolio,” said chief executive and scientific officer Dr Heikki Lanckriet.

“We see real opportunity to position osDNA as a key input for mRNA and DNA vaccine production, an area of the rapidly growing gene therapy and vaccine market attracting significant attention.”

At 0846 BST, shares in 4basebio UK Societas were up 2.68% at 382.5p.

N/A

Isin: N/A
Exchange: N/A
Sell:
N/A
Buy:
N/A
Change:
Date:
Prices delayed by at least 15 minutes

Compare our accounts

Whether you're looking for a Share Dealing Account or Share Dealing ISA, we've got an account to suit your needs.

Lloyds Bank is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.

Important legal information

The Lloyds Bank Direct Investments Service is operated by Halifax Share Dealing Limited. Registered Office: Trinity Road, Halifax, West Yorkshire, HX1 2RG. Registered in England and Wales no. 3195646. Halifax Share Dealing Limited is authorised and regulated by the Financial Conduct Authority, 12 Endeavour Square, London, E20 1JN under registration number 183332. A Member of the London Stock Exchange and an HM Revenue & Customs Approved ISA Manager.

Logo Allfunds

The information contained within this website is provided by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd unless otherwise stated. The information is not intended to be advice or a recommendation to buy, sell or hold any of the shares, companies or investment vehicles mentioned, nor is it information meant to be a research recommendation. This is a solution powered by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd incorporating their prices, data news, charts, fundamentals and investor tools on this site. Terms and conditions apply. Prices and trades are provided by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd and are delayed by at least 15 minutes.

FE fundinfo Logo

Data provided by FE fundinfo. Care has been taken to ensure that the information is correct, but FE fundinfo neither warrants, represents nor guarantees the contents of information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Past performance does not predict future performance, it should not be the main or sole reason for making an investment decision. The value of investments and any income from them can fall as well as rise.

Refinitiv Logo

© 2024 Refinitiv, an LSEG business. All rights reserved.