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 announces collaboration with ISA Pharmaceutical

By Duncan Ferris

Date: Thursday 15 Feb 2018

LONDON (ShareCast) - (ShareCast News) - Scancell Holdings announced on Thursday that it has entered a collaboration agreement with Dutch company ISA Pharmaceutical, which will see further development of Scancell's Moditope anti-cancer platform.
In return for an upfront payment and royalty fees, the agreement will allow Scancell an exclusive worldwide license to use ISA's AMPLIVANT technology to manufacture, develop and commercialise its Moditope development candidate, Modi-1.

Cliff Holloway, chief executive of Scancell, said: "This collaboration with ISA Pharmaceuticals is an important step in the continued development and commercialisation of our first Moditope immunotherapy, Modi-1, which has the potential to treat patients with triple negative breast cancer, ovarian cancer and sarcoma who are resistant to other immunotherapies."

Previous pre-clinical data indicated that conjugation of the Modi-1 peptides to AMPLIVANT enhanced anti-tumour responses and tumour eradication, including protection against tumour re-challenge.

Founded in 1997 as a spin-out from the University of Nottingham, Scancell develops products that stimulate the immune system to treat or prevent cancer and has previously agreed a Moditope collaboration with German firm BioNTech.

"We believe that combining Modi-1 with an enabling adjuvant technology such as AMPLIVANT has the potential to significantly enhance its efficacy in patients and we are looking forward to moving this important and novel therapy into the clinic in the first half of 2019," said Holloway.

As of 1405 GMT, Scancell's shares were up 10.8% to 13.85p.

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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

Compare performance with the sector and the market.
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Key: vs Market vs Sector
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
Sector averageSector averageSector averageSector averageSector 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
buy
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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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