Scancell Holdings (SCLP)

Sector:

Pharma and Biotech

Index:

FTSE AIM All-Share

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

Scancell Holdings pens manufacturing agreement for cancer therapy candidate

By Duncan Ferris

Date: Tuesday 03 Apr 2018

LONDON (ShareCast) - (ShareCast News) - Cancer treatment developer Scancell Holdings has signed a manufacturing agreement for its first moditope development candidate with The PolyPeptide Group, the company said on Tuesday.
The Modi-1 AMPLIVANT conjugate is intended to overcome the immune suppression induced by tumours through the stimulation of production of T cells, which seek out and kill cancer cells that would otherwise be hidden from the immune system.

Cliff Holloway, chief executive of Scancell Holdings, said: "Commencing GMP manufacture is an important step in the development of our first moditope product and is key to moving this novel therapy into the clinic in the first half of 2019."

Pre-clinical data has demonstrated that the conjugation of Modi-1 peptides to AMPLIVANT enhances immune responses against tumours by between ten and 100 fold.

The company plans to commence a phase 1 / 2 clinical trial of the product in the first half of 2019, measuring the effects on patients with triple negative breast cancer, ovarian cancer and sarcomas.

Jane Salik, chief executive of The PolyPeptide Group, said: "We are very pleased to have been selected by Scancell to manufacture Modi-1-AMPLIVANT® as this recognises our capabilities and reputation as a world leading GMP-compliant manufacturer of therapeutic peptides."

The Modi-1 AMPLIVANT conjugate has been developed through Scancell's exclusive worldwide licence to use ISA Pharmaceuticals' AMPLIVANT immunoptherapy technology, which the company acquired in February.

As of 1111 BST, Scancell Holdings' shares were up 5.45% at 14.50p.

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SCLP Market Data

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

SCLP Star Ratings

Compare performance with the sector and the market.
more star ratings
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

No dividends found

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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