Full disclosure, Avacta (LON:AVCT) is my largest holding. And rightly so, in my opinion it has potential to be one of the most promising biotech plays over the next decade. I rarely see any discussion about here on Reddit, so figured I'd do a quick write up to share why I think this.
Who is Avacta?
Listed on AIM, Avacta is a biotech company based in West Yorkshire. At the core of the business is it's proprietary technology, the Affimer® and pre|CISION™ platforms.
Spotlight was on Avacta last year following the announcement of their Covid-19 Lateral Flow Antigen Test, however delays since the announcement last Spring and vaccine news hampered the price a bit, but excitement is back on