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    4583   JP3205350006

CHIOME BIOSCIENCE INC.

(4583)
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Chiome Bioscience Inc. Announces Collaborative Research Agreement with Mologic Ltd. for Antibody Discovery and Development

05/14/2021 | 04:00am EDT

Chiome Bioscience Inc. ("Chiome") announced that Chiome and Mologic Ltd. ("Mologic", headquartered in Bedfordshire, United Kingdom) have entered into a Collaborative Research Agreement for antibody discovery and development for use in advanced diagnostic tests. Under this Collaborative Research Agreement for up to 1 year, Chiome will generate specialised antibodies against several novel diagnostic biomarker targets by means of the ADLib® system, Chiome's proprietary antibody generation technology. Mologic will characterize and evaluate the antibodies for application in its advanced diagnostic test platforms. Based on this comprehensive collaboration agreement, Chiome expects to directly contribute to Mologic's leading edge diagnostic work for maximum positive impact on global public health. There is a strong and growing demand for accurate and rapid diagnostic products throughout the world, especially in low to middle income countries (LMICs) suffering from a burden of debilitating infectious diseases, such as tuberculosis and malaria. Chiome will receive research fees from Mologic, and royalties from the profit-making diagnostic products, based on the specialized properties of Chiome antibodies sold in the developed world. Full financial details are not being disclosed.


ę S&P Capital IQ 2021
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Financials
Sales 2020 600 M 5,48 M 5,48 M
Net income 2020 -1 400 M -12,8 M -12,8 M
Net Debt 2020 - - -
P/E ratio 2020 -6,04x
Yield 2020 -
Capitalization 9 390 M 85,9 M 85,8 M
Capi. / Sales 2020 15,7x
Capi. / Sales 2021 12,9x
Nbr of Employees 53
Free-Float 94,2%
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Mean consensus -
Number of Analysts 0
Last Close Price 233,00 
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Spread / Average Target -
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Managers and Directors
Shigeru Kobayashi President & Representative Director
Akiyuki Furuya Independent Outside Director
Haruhisa Kubota Independent Outside Director
Arihiko Bijohira Director & Manager-Corporate Planning Office
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