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Pharma & Biotech

BSF Enterprise shares rally as subsidiary secures first major agreement

BSF Enterprise Plc (LON:BSFA) investors were spurred into action on Monday morning in response to a promising commercial progress update on its subsidiary 3D Bio Tissues’ flagship City-Mix product.

A number of commercial opportunities have arisen for 3D Bio Tissues since designing and implementing its go-to-market plan for City-Mix in the last quarter of 2022, and notably, the group has secured its first agreement after completing a successful evaluation of City-Mix.

In order to be ready to serve these opportunities the company has now more than doubled its lab production space to 2,400 square feet.

BSF shares were seen at 16.55p with a market capitalisation of £14.2mln as of 10.15am, March 6.