BiVictriX Therapeutics (BVX)

Sector:

Pharma and Biotech

Index:

FTSE AIM All-Share

 11.75p
   
  • Change Today:
      0.000p
  • 52 Week High: 15.90p
  • 52 Week Low: 10.50p
  • Currency: UK Pounds
  • Shares Issued: 82.53m
  • Volume: 4,559
  • Market Cap: £9.70m

BiVictriX files four new cancer therapy patents in UK

By Josh White

Date: Monday 21 Feb 2022

LONDON (ShareCast) - (Sharecast News) - Cancer therapy-focussed biotechnology company BiVictriX Therapeutics has filed four new patent applications in the UK, it announced on Monday, related to several novel cancer-specific antigen pairs - or 'fingerprints' - across a range of oncology indications.
The AIM-traded firm said the new patent applications focussed on three novel cancer-specific antigen fingerprints that it had identified, and could be used to support the development of a pipeline of highly-selective cancer therapeutics using its proprietary 'Bi-Cygni' approach.

It said the patents would further strengthen the company's growing intellectual property portfolio, and provide opportunities to widen the application of the Bi-Cygni technology across several solid tumour and haematological cancers, demonstrating the "broad utility" of the approach.

The filings were the next step in the firm's strategy to broaden its patent portfolio, both in the UK and internationally.

BiVictriX explained that its approach to cancer therapies relied on using its proprietary library of cancer-specific antigen co-expression fingerprints, or 'twin antigens', which are uniquely expressed on cancer.

The company said its pipeline of Bi-Cygni therapeutics was designed to selectively target those twin antigens, which are present on tumour cells and largely absent from healthy cells, enabling the development of a novel class of next-generation anti-cancer therapies with "potentially superior" cancer selectivity, and a "significantly reduced" side-effect profile.

That approach had the potential to deliver better treatment outcomes for patients, BiVictriX claimed.

"We are excited to be expanding our existing patent portfolio across a wider range of cancer types that currently constitute areas of high unmet medical need, demonstrating the broad utility of our innovative Bi-Cygni platform," said chief executive officer Tiffany Thorn.

"The new patents, if approved, will provide broad protection for our pipeline assets, allowing the development of several generations of cancer-selective Bi-Cygni therapeutics across a wide range of solid tumour and haematological cancers that constitute areas of urgent unmet need.

"I look forward to providing further updates regarding the application for these new patents as appropriate."

At 0852 GMT, shares in BiVictriX Therapeutics were up 10.2% at 27p.

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BVX Market Data

Currency UK Pounds
Share Price 11.75p
Change Today 0.000p
% Change 0.00 %
52 Week High 15.90p
52 Week Low 10.50p
Volume 4,559
Shares Issued 82.53m
Market Cap £9.70m

BVX Star Ratings

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Key: vs Market vs Sector
Value
50.93% below the market average50.93% below the market average50.93% below the market average50.93% below the market average50.93% below the market average
55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average
Price Trend
55.09% below the market average55.09% below the market average55.09% below the market average55.09% below the market average55.09% below the market average
29.82% above the sector average29.82% above the sector average29.82% above the sector average29.82% above the sector average29.82% above the sector average
Income Not Available
Growth Not Available

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Trades for 28-Mar-2024

Time Volume / Share Price
13:57 4,559 @ 11.55p

BVX Key Personnel

CEO Tiffany Jane Thorn

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