Scancell Holdings (SCLP)

Sector:

Pharma and Biotech

Index:

FTSE AIM All-Share

9.88p
   
  • Change Today:
      0.18p
  • 52 Week High: 17.00
  • 52 Week Low: 8.15
  • Currency: UK Pounds
  • Shares Issued: 927.98m
  • Volume: 214,593
  • Market Cap: £91.64m

Scancell reports progress across a number of trials

Date: Tuesday 01 Oct 2013

LONDON (ShareCast) - Scancell, which develops novel immunotherapies for the treatment of cancer, on Tuesday revealed that four out of the six evaluable patients treated with either the 2mg or 4mg dose of its SCIB1 drug still remain alive.

It said the mean survival time in this group of five Stage IV and one Stage IIIb patients is currently 21 months from trial entry.

As a result of the positive developments and minimal side effects seen with the 4mg dose, Scancell has initiated evaluation of an 8mg dose in up to six patients with measurable tumours, and is currently seeking the appropriate regulatory approval to treat a further 10 patients.

The group also reported that planning is underway for the preclinical and clinical development of SCMod1 as an immunotherapeutic, provisionally for the treatment of triple-negative breast cancer, ovarian and endometrial cancers. First-in-man clinical studies are scheduled to start in 2016.

Dr. Richard Goodfellow, joint Chief Executive Officer of Scancell, said: "The SCIB1 clinical programme remains on track and further data is expected by the end of 2013. Having now filed and exemplified the patents covering our Moditope technology, we can provide more detail on how this second platform technology has the potential to generate a completely new class of potent and selective immunotherapy agents and which could have a profound effect on the way that cancer immunotherapies are developed.

"In particular, the technology may overcome the immune suppression induced by tumours themselves without the need for checkpoint blockade inhibitors, thereby allowing activated T-cells seek out and kill tumour cells that would otherwise be hidden from the immune system.

"In view of the short to medium term licensing and partnership potential that both the Moditope and Immunobody programmes now bring to the company, our strategy requires a more flexible approach. Whilst we are still fully focused on securing a sale of the business at the earliest opportunity, we will now consider technology validating and revenue generating deals on each individual platform when and where appropriate in order to enhance the value of the company when it is sold."

NR

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SCLP Market Data

Currency UK Pounds
Share Price 9.88p
Change Today 0.18p
% Change 1.80 %
52 Week High 17.00
52 Week Low 8.15
Volume 214,593
Shares Issued 927.98m
Market Cap £91.64m

SCLP Star Ratings

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Value
9.63% below the market average9.63% below the market average9.63% below the market average9.63% below the market average9.63% below the market average
1.96% above the sector average1.96% above the sector average1.96% above the sector average1.96% above the sector average1.96% above the sector average
Price Trend
61.99% below the market average61.99% below the market average61.99% below the market average61.99% below the market average61.99% below the market average
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Income Not Available
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Total 2
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SCLP Dividends

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Trades for 10-May-2024

Time Volume / Share Price
11:20 2,944 @ 10.19p
11:02 981 @ 10.19p
09:16 4,121 @ 10.19p
09:12 100,000 @ 9.65p
08:38 54,408 @ 10.19p

SCLP Key Personnel

CEO Lindy Durrant
CFO Sath Nirmalananthan

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