Scancell Holdings (SCLP)

Sector:

Pharma and Biotech

Index:

FTSE AIM All-Share

13.75p
   
  • Change Today:
      0.38p
  • 52 Week High: 19.50
  • 52 Week Low: 8.92
  • Currency: UK Pounds
  • Shares Issued: 927.98m
  • Volume: 2,202,320
  • Market Cap: £127.60m
  • Beta: 0.55

Scancell enrols and doses first patient in latest cancer trial

By Josh White

Date: Monday 31 Oct 2022

LONDON (ShareCast) - (Sharecast News) - Immunotherapy developer Scancell announced on Monday that the first patient in the expansion phase of the monotherapy arms in the multicentre phase one clinical trial of 'Modi-1', dubbed 'ModiFY', had been enrolled and dosed.
The AIM-traded firm also said that the third cohort of ModiFY was now open for recruitment, in combination with a checkpoint inhibitor.

It said expansion into the monotherapy arms and the start of combination dosing followed review of the safety data from the second cohort patients by the safety review board.

The company described the ModiFY study as a first-in-human clinical trial of Modi-1 - the first candidate from Scancell's 'Moditope' platform, being administered alone or in combination with checkpoint inhibitors in patients with head and neck, triple-negative breast and renal tumours, and as a monotherapy in patients with ovarian cancer, where there were currently no approved checkpoint inhibitor therapies.

It said the open-label study would recruit up to 125 patients in up to 20 clinical trial sites across the UK.

The company said it expected further safety and immunogenicity data to be available in the second half of 2022, and early efficacy data in 2023.

"This is an encouraging milestone for the company, showing that the higher dose of Modi-1 is generating immune responses that may be having an impact on tumour growth," said chief executive officer Lindy Durrant.

"We are encouraged that there were no safety concerns in the second cohort, allowing us to proceed with the monotherapy expansion, and into the third cohort in combination with checkpoint inhibitors, and look forward to announcing further safety and immunogenicity data in the second half."

At 1628 GMT, shares in Scancell Holdings were up 6.41% at 16.81p.

Reporting by Josh White for Sharecast.com.

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SCLP Market Data

Currency UK Pounds
Share Price 13.75p
Change Today 0.38p
% Change 2.80 %
52 Week High 19.50
52 Week Low 8.92
Volume 2,202,320
Shares Issued 927.98m
Market Cap £127.60m
Beta 0.55

SCLP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
10.01% below the market average10.01% below the market average10.01% below the market average10.01% below the market average10.01% below the market average
12% below the sector average12% below the sector average12% below the sector average12% below the sector average12% below the sector average
Price Trend
39.46% above the market average39.46% above the market average39.46% above the market average39.46% above the market average39.46% above the market average
67.35% above the sector average67.35% above the sector average67.35% above the sector average67.35% above the sector average67.35% above the sector average
Income Not Available
Growth Not Available

What The Brokers Say

Strong Buy 0
Buy 2
Neutral 0
Sell 0
Strong Sell 0
Total 2
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SCLP Dividends

No dividends found

Trades for 08-Nov-2024

Time Volume / Share Price
16:35 1,522,250 @ 13.75p
17:26 1,522,250 @ 1,375.00p
16:28 2 @ 14.00p
16:26 978 @ 13.99p
16:17 100,000 @ 13.50p

SCLP Key Personnel

CEO Lindy Durrant
CFO Sath Nirmalananthan

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