Scancell Holdings (SCLP)

Sector:

Pharma and Biotech

Index:

FTSE AIM All-Share

 9.60p
   
  • Change Today:
      0.000p
  • 52 Week High: 17.00
  • 52 Week Low: 8.15
  • Currency: UK Pounds
  • Shares Issued: 927.98m
  • Volume: 148,854
  • Market Cap: £89.09m

Scancell presents new, positive data on possible cancer therapies

By Josh White

Date: Friday 23 Sep 2022

LONDON (ShareCast) - (Sharecast News) - Immunotherapy developer Scancell was presenting two posters at the EuroMAbNet 12th annual meeting in Hamburg on Friday, with the first highlighting new data on its 'AvidiMab' and 'GlyMab' technologies.
The AIM-traded firm said the poster, 'Unlocking the unique potential of AvidiMab in fighting cancer', was about how it had generated certain anti-glycan monoclonal antibodies that it believed had potential as cancer therapies.

It said the GlyMab candidates were subsequently avidity-enhanced, leading to heightened anti-tumour activity in vivo, by applying its 'AvidiMab' platform - a proprietary technology for engineering the Fc region of antibodies.

The company said it compared the interaction of the avidity-enhanced CD40-targeted GlyMab, and a non-enhanced antibody with CD40, a tumour necrosis factor receptor superfamily member which plays a "critical role" in B and T cell immunobiology.

It said the AvidiMab-modified antibody showed "superior" CD40 binding coinciding with improved B cell expansion, compared with the non-enhanced antibody.

In the second poster, 'GlyMabs glycome-targeting monoclonal antibodies for cancer therapy', Scancell outlined the enhanced targeting and binding specifics for candidates created from the GlyMab technology.

The four humanised monoclonal antibodies targeting glycans on lipids or proteins included candidates SC129, SC88, SC134 and SC27.

It said the research showed that the GlyMab candidates were "highly specific" for targets found in a broad range of cancers, making them viable candidates for cancer therapeutics.

"Our proprietary antibody platforms leverage our skills and knowledge in immunology and we are excited about the future potential they give in creating truly differentiated product candidates for the treatment of certain types of cancer," said chief executive officer Lindy Durrant.

"The preclinical data being presented at EuroMAbNet illustrates the versatility and specificity of our platforms in generating novel antibody drug candidates using our GlyMab technology and enhancing their anti-cancer potential with AvidiMab."

At 1309 BST, shares in Scancell Holdings were down 1.5% at 13.18p.

Reporting by Josh White at Sharecast.com.

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SCLP Market Data

Currency UK Pounds
Share Price 9.60p
Change Today 0.000p
% Change 0.00 %
52 Week High 17.00
52 Week Low 8.15
Volume 148,854
Shares Issued 927.98m
Market Cap £89.09m

SCLP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
65.44% below the market average65.44% below the market average65.44% below the market average65.44% below the market average65.44% below the market average
7.14% above the sector average7.14% above the sector average7.14% above the sector average7.14% above the sector average7.14% 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
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

SCLP Dividends

No dividends found

Trades for 26-Apr-2024

Time Volume / Share Price
14:45 124,469 @ 9.45p
12:56 1,000 @ 9.40p
12:48 750 @ 9.50p
12:40 21,000 @ 9.50p
12:19 100 @ 9.50p

SCLP Key Personnel

CEO Lindy Durrant
CFO Sath Nirmalananthan

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