SkinBioTherapeutics (SBTX)

Sector:

Pharma and Biotech

Index:

FTSE AIM All-Share

10.15p
   
  • Change Today:
      0.40p
  • 52 Week High: 29.00
  • 52 Week Low: 7.25
  • Currency: UK Pounds
  • Shares Issued: 200.38m
  • Volume: 686,106
  • Market Cap: £20.34m

SkinBioTherapeutics celebrates SkinBiotix cytotoxicity test results

By Josh White

Date: Tuesday 03 Oct 2017

LONDON (ShareCast) - (ShareCast News) - Life science company SkinBioTherapeutics has passed third party cellular toxicity tests for its 'SkinBiotix' technology, it announced on Tuesday, which the board said confirmed previous in-house observations on its safety and applicability.
The AIM-traded firm said the cytotoxicity studies were conducted by the contract research organisation Charles River in accordance with the OECD Principles of Good Laboratory Practice.

The objective of the toxicity tests was to determine if there were "any adverse biological reactions" from mammalian cell cultures following the use of SkinBiotix technology.

"Following incubation for 24 hours, no cytotoxicity was observed ... [either] malformation of cells or cell degeneration," SkinBioTherapeutics said in its statement.

"The data confirm SkinBioTherapeutics' in-house observations on how mammalian skin cells and fibroblasts respond to being exposed to SkinBiotix.

"This further supports the principle of SkinBiotix's suitability for use in skin care applications."

The company said two further tests, phototoxicity and in vitro ocular toxicity, were scheduled, with results set to be reported when the data is received.

"The result from the cytotoxicity testing by Charles River is essential external validation of our SkinBiotix platform," said CEO Dr Catherine O'Neill.

"This was one of the key milestones to pass and was highlighted as such at the IPO.

"Its passing marks a critical step in our progression and the transitioning of the technology into human validation studies."

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SBTX Market Data

Currency UK Pounds
Share Price 10.15p
Change Today 0.40p
% Change 4.10 %
52 Week High 29.00
52 Week Low 7.25
Volume 686,106
Shares Issued 200.38m
Market Cap £20.34m

SBTX Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
69.31% below the market average69.31% below the market average69.31% below the market average69.31% below the market average69.31% below the market average
84.31% below the sector average84.31% below the sector average84.31% below the sector average84.31% below the sector average84.31% below the sector average
Price Trend
82.05% below the market average82.05% below the market average82.05% below the market average82.05% below the market average82.05% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average
Income Not Available
Growth
18.86% above the market average18.86% above the market average18.86% above the market average18.86% above the market average18.86% above the market average
11.76% above the sector average11.76% above the sector average11.76% above the sector average11.76% above the sector average11.76% above the sector average

SBTX Dividends

No dividends found

Trades for 17-May-2024

Time Volume / Share Price
16:12 25,000 @ 10.10p
15:58 2,866 @ 10.29p
13:49 8,912 @ 10.30p
13:43 10,000 @ 10.30p
13:32 20,000 @ 10.30p

SBTX Key Personnel

CEO Stuart Ashman
CFO Manprit Singh Randhawa

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