N4 Pharma (N4P)

Sector:

Pharma and Biotech

Index:

FTSE AIM All-Share

0.83p
   
  • Change Today:
      0.025p
  • 52 Week High: 3.07
  • 52 Week Low: 0.80
  • Currency: UK Pounds
  • Shares Issued: 268.78m
  • Volume: 0
  • Market Cap: £2.22m

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N4 Pharma's Viagra reformulation fails to meet trial targets

By Josh White

Date: Monday 09 Jul 2018

LONDON (ShareCast) - (Sharecast News) - Specialist pharmaceutical company N4 Pharma announced the initial findings from analysing the preliminary results of the pharmacokinetic data from its clinical trial for the reformulation of sildenafil - commonly known and sold as 'Viagra' - on Monday.
The AIM-traded firm said that, while it was yet to receive the full results from the clinical trial, it was apparently "clear" from the preliminary pharmacokinetic data that the current formulation had not met the key target endpoints of the trial.

To that end, it said the product formulation would need to be reviewed to assess what changes would be required to make the reformulated drug viable in the context of the company's patent position.

"This part of the process of drug reformulation is always going to be a challenge and whilst this preliminary data is clearly disappointing, we will need to see the full set of results expected around the end of August to understand the detailed implications for the formulation," said N4 Pharma chief executive officer Nigel Theobald.

"We will provide a further update once we have had a chance to review all the findings from the trial about the next steps we will take to reformulate the product.

"Our 'nuvec' development program continues as planned and as advised earlier we will release further news on these results in the fourth quarter of this year."

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N4 Pharma Market Data

Currency UK Pounds
Share Price 0.83p
Change Today 0.025p
% Change 3.13 %
52 Week High 3.07
52 Week Low 0.80
Volume 0
Shares Issued 268.78m
Market Cap £2.22m

N4 Pharma Star Ratings

Compare performance with the sector and the market.
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Key: vs Market vs Sector
Value
34.78% below the market average34.78% below the market average34.78% below the market average34.78% below the market average34.78% below the market average
49.02% below the sector average49.02% below the sector average49.02% below the sector average49.02% below the sector average49.02% below the sector average
Value
34.78% below the market average34.78% below the market average34.78% below the market average34.78% below the market average34.78% below the market average
49.02% below the sector average49.02% below the sector average49.02% below the sector average49.02% below the sector average49.02% below the sector average
Income Not Available
Growth Not Available

N4 Pharma Dividends

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N4 Pharma Key Personnel

CEO Nigel Theobald

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