08
January 2025
4basebio
PLC
("4basebio"
or the "Company")
Appointment of
Chief Commercial Officer
8 January 2025 - 4basebio PLC (AIM: 4BB)
(“4basebio” or the “Company”),
which develops and commercialises the large-scale manufacture of
synthetic DNA as well as nanoparticle delivery solutions, announces
the appointment of Mr. Gabe Longoria
as Chief Commercial Officer (“CCO”) of the
Company.
The appointment follows
the completion of the £40 million investment announced on
12 November 2024, which marked a key
milestone in the Company’s journey to deliver scalable,
high-quality synthetic DNA solutions to the global market,
addressing critical needs in the gene therapy and mRNA vaccine
sectors. Gabe’s expertise in scaling commercial operations will
play a crucial role in ensuring the Company’s synthetic DNA
products reach their full market potential and the Company is
well-positioned to deliver on its growth and commercialisation
goals in 2025 and beyond.
Gabe joins 4basebio
following a successful tenure as Chief Commercial Officer at Astrea
Bioseparations Ltd (“Astrea”). During his
leadership, the company achieved exceptional financial growth,
doubling revenues over a three-year period and expanding its market
share globally. His strategic approach to scaling operations and
fostering key partnerships solidified Astrea’s position as a leader
in biopharmaceutical manufacturing solutions. Gabe has over two
decades of commercial leadership in the life sciences sector and
expertise in driving revenue growth, market expansion, and
strategic partnerships for
companies.
Commenting on his new
role, Gabe Longoria said: "I am
incredibly excited to join 4basebio at such a transformative stage
in its journey. The Company’s groundbreaking synthetic DNA
technology has the potential to revolutionize the gene therapy and
vaccine industries, and I am eager to help bring these innovative
products to a global audience. Leveraging my experience in driving
growth and building strong commercial teams, I look forward to
contributing to 4basebio’s mission of advancing human health
through cutting-edge
biotechnologies."
CEO of 4basebio,
Heikki Lanckriet, added: "We are
thrilled to welcome Gabe Longoria to
the 4basebio leadership team. His proven track record of driving
commercial success, coupled with his deep understanding of the life
sciences industry, makes him the perfect fit to lead our commercial
strategy. As we focus on capitalizing on our recent £40 million
investment, Gabe’s leadership will be invaluable in accelerating
our efforts to bring our synthetic DNA products to market and
deliver value to our customers and
stakeholders."
Enquiries
4basebio
PLC
Dr. Heikki Lanckriet,
CEO
|
+44 (0)1223 967
943
|
Nominated
Adviser
Cairn Financial
Advisers LLP
Jo Tuner / Sandy
Jamieson
|
+44 (0)20 7213
0880
|
Joint
Broker
RBC Capital
Markets
Rupert Walford / Max
Avison / Kathryn Deegan
|
+44 (0)20 7653
4000
|
Joint
Broker
Cavendish Capital
Markets Limited
Geoff Nash / Nigel
Birks
|
+44 (0)20 7220
0500
|
Notes to
Editors
About
4basebio
4basebio (AIM: 4BB) is an
innovation driven life biotechnology company focused on
accelerating the development of advanced therapy medicinal products
(ATMPs) through its high-performance synthetic DNA products and
non-viral, cell targeting nucleic acid delivery platform. The
Company’s objective is to become a market leader in the manufacture
and supply of high-quality synthetic DNA products for research,
therapeutic and pharmacological use as well as development of
target specific non-viral vectors for the efficient delivery of
payloads in
patients.
Forward-looking
statements
This announcement may
contain certain statements about the future outlook for
4basebio. Although the Directors believe their expectations
are based on reasonable assumptions, any statements about future
outlook may be influenced by factors that could cause actual
outcomes and results to be materially
different.