Oxford BioMedica PLC (LSE:OXB)
£ 3.12 -0.03 (-0.95%) Market Cap: 328.44 Mil Enterprise Value: 336.18 Mil PE Ratio: 0 PB Ratio: 4.08 GF Score: 71/100

Half Year 2019 Oxford BioMedica PLC Earnings Call Transcript

Sep 04, 2019 / 12:00PM GMT
Release Date Price: £6.4 (+0.16%)
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Oxford Biomedica interim results for the 6 months ended 2019 -- June 2019. (Operator Instructions) I must advise you that this conference is being recorded today, Wednesday the 4th of September, 2019. (Operator Instructions)

Catherine Isted
Oxford BioMedica plc - Head of Corporate Development & IR

Good afternoon, and welcome to Oxford Biomedica's interim results for the 6 months ending the 30th of June, 2019. I'd like to thank everybody in the room for joining us today as well as those on the line.

The first half of the year has been a very busy year for Oxford Biomedica. We signed collaborations with Microsoft and Santen, and the expansion of our manufacturing facilities is continuing very well and is progressing as planned, to be completed by the end of the year.

Financially, our balance sheet is on a far firmer footing. We have paid down our GBP 43 million loan. And we have a new investor, Novo Holdings; they invested GBP 53 million. Through this growth in our

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